LIBRARY OF CONGRESS. 



Chap.. Copyright Now. 

SheltHGiUSl 
.JT5 



%96 : 



UNITED STATES OF AMERICA. 



r 



THE 



RBT10NHL LIFE (ISllflTI 



OF 



Harxkord, Conn. 



Manual fer the Use sf Agents. 



Table of Rates; 

Insurance Tables and (Data; 

Minimum- Insurance Tables and (Reserves; 

General Instructions to Agents; 

(Plans and (Policy Conditions. 



EIDITIOlsr OF 1895.- 

COPYRIGHTED BY D. S. FLETCHER. Ay 






r 




OFFICERS: 

D. S. FLETCHER, President. 

E. F. PHELPS, Vice President. 

O. H. BLANC HARD, Vice President. 

D. 31. CALDWELL,, M. D., Vice President. 
H. T. BRAMAN, Secretary. 

F. H. CALKINS, Assistant Secretary. 

E. E. SMITH, Treasurer. 

P. D. and F. H. PELTIER, Medical Directors. 
A. FR1ED3IAN, Director of Agencies. 

F. L. CALDWELL, Manager of Claims Department. 
CHARLES E. PERKINS, Counsel. 

S. E. CLARKE, Attorney. 



BOARD OF DIRECTORS: 

CHARLES E. PERKINS, Attorney and President HartfordlBar. 
O. H. BLANCHARD, Importer of Tea and Coffee, Hartford. 
L. L. ENSTTORTH, Iron Merchant and Bank Director, Hartford. 
JAMES AHERN, Plumber, Hartford. 

D. S. FLETCHER, Insurance, Hartford. 
SIDNEY E, CLARKE, Attorney, Hartford. 
P. D. PELTIER, M. D., Physician, Hartford. 

R. BALLERSTEIN, Merchant and Bank Director, Hartford. 

EBEN E. SMITH, Insurance, Hartford. 

P. H. BILLINGS, Merchant Tailor, Hartford. 

E. F. PHELPS, Insurance, Hartford. 
H. T. BRAMAN, Insurance, Hartford. 

SELAH A. HULL, Investment Broker and Bank Director, Meriden, Conn. 
D. M. CALDTTELL, M. D., Insurance, Brooklyn. 

F. H. CALKINS, Insurance, Hartford. 



MANUAL 

For the Use of Agents of the 

National Life Association. 



The province of this Manual is to furnish the Agent with 
a brief outline of the Single and Deferred Premium System 
of Life Insurance as originated and operated by the National 
Life Association of Hartford, Conn., together with some 
hints to aid him in his work. 

It is earnestly desired that each agent seeking to represent 
this Company in the field first thoroughly familiarize himself 
with its system and plans of insurance. You cannot hope to 
impress their advantages upon others until you thoroughly un- 
derstand them yourself. The National's system differs ma- 
terially from that of the Old Line or Assessment Companies, 
and it is this difference, marking as it does an important ad- 
vance in modern life underwriting, which, when intelligently 
presented, recommends it to public favor and confidence. 

Do not forget when selling the Single Premium policy that 
you are selling a contract for a full thousand dollars of in- 
surance, which is based upon the payment of the full net single 
premium, plus the expense loading, and that, when desired, in 
lieu of the single premium being paid in advance installment 
payments are accepted for the number of years agreed upon, the 
unpaid portion of the net single premium, with interest, being 
treated as an indebtedness and charged against the policy 
until fully paid by the agreed installments. 

Avoid the mistake made by some agents that you are selling 
a contract for seven or eight hundred dollars which increases 
from year to year until it ultimately amounts to one thousand 
dollars. You sell a contract for a full thousand dollars for a 
stated price, under which the insured elects to pay such stated 
price either in advance or in a given number of installments. 



4 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

You will also point out to the proposed insurer the equity of 
the National's contract. As the full single premium is col- 
lected from each policy-holder who continues his insurance to 
maturity, or until the end of the paying period, far better results 
are secured in the end than under the old systems. 

Under its system the National claims greater security to the 
policy holder than is afforded by the oldest and strongest of its 
competitors. The expense charge under its contract being 
absolutely fixed, it is enabled in this regard to make a very large 
saving, which inures solely to the benefit of the insured. 

Do not fail also to explain the Additional Reserve Clause of 
the policy in every instance. It is one of the National's strong 
points; with that clause in its policy it is impossible to ever 
wreck the Company. It is a tower of strength which no legal 
reserve company has. 

Do not waste time on estimates which always disappoint the 
insured. Estimates do not bind the Companj^ and it is guaran- 
tees which the public want. 

Understand your system of insurance, know your policy, ex- 
plain your goods for what they are, be honest and truthful in 
dealing with the public and prompt and systematic in reporting 
to the Company. 

All business must be forwarded through the General Agent or 
Manager, whose contract you hold. The authority of every 
Manager, Agent or Solicitor is strictly limited to the terms of 
his contract. 



c£XM^^ 



Hartford, Conn., March, 1895. President. 



NATIONAL LIFE ASSOCIATION OF IIARTFOKD. 5 

THE SINGLE PREMIUM SYSTEM 

OF THE 

National Life Association 

OF HARTFORD, CONN. 

ITS SPECIKL FEATURES, 

1. Equitable Rates. A table of rates founded on an 
exactly mathematical equity between the members, and 
based on a net Single Premium in advance, by which 
each person pays for his own insurance. The Single 
Premium being the basis of the contract, the member may 
pay the gross Single Premium in one payment, and receive 
a paid-up policy, payable at death, together with all 
accumulations ; or he may take a limited period of years 
according to the table (ten, fifteen, twenty, etc.,) in which 
to make his payments. In the latter case the amount of 
his annual installment is based upon the net Single Pre- 
mium, plus the limited expense loading. The net annual 
installment is, after the first year, credited upon the net 
Single Premium, and in the end exactly equals the same 
with interest at five per cent. Should death occur before 
the end of the paying period, the unpaid balance of the net 
Single Premium, if any, will be deducted from the amount 
payable under the policy. 

2. Tontine Feature. Provision by which all moneys 
received upon policies lapsing during the first five years, as 
well as accretion from surrendered policies, mortality more 
favorable than that assumed, and surplus interest earnings 
inures to the benefit of persisting members. This secures 
to policy-holders all the benefits of the Tontine principle, 
as most lapses occur in the first five years, and at the same 
time eliminates the objectionable features of Tontine — loss 
from death or lapse after the insured has carried his in- 
surance for a long period of years. 

3. Limited Expense. A limited amount only that 
can be used for expenses, all profits arising from the 
business being used solely to increase the surplus and 
strengthen the loss-paying ability of the company. Under 
its Single Premium system the National Life is enabled 
to give, not only more equitable, but more reliable in- 
surance than any old-line company in the country, and on 
first-class risks at a cost much less than that charged by 
old-line companies. 

4. Limited Payment. A limited number of payments 
so that premiums can all be paid during the producing 
years of a man's life. A premium equitably adjusted to 
the age of the insured and the hazard of the risk assumed. 



b NATIONAL LIFE ASSOCIATION OF HARTFORD. 

A NEW DEPARTURE. 

THE GREATEST GOOD TO THE GREATEST 
NUMBER. 

The Management of the National Life believes in ex- 
tending the benefit of good insurance to the greatest num- 
ber possible, consistent with safety, equity and sound 
business principles. Heretofore many persons have been 
denied the benefits of life insurance on account of family 
history, slight impairment of health or unfavorable occupa- 
tion. A misunderstanding of the full facts bearing upon 
the risk has also heretofore caused the rejection of many 
desirable applicants who by reason of such rejection have 
been barred from procuring insurance elsewhere. 

Under its Single Premium system this company is 
enabled to accomplish the same in life insurance, as is done 
in fire, accident and marine insurance, furnish each party 
safe and equitable insurance, charging a rate corresponding 
with the hazard. This is no experiment, but, after careful 
study and investigation of statistics covefing a long period 
of years, has been reduced to a science and carefully and 
equitably graded so as to cover the risk assumed. 

Previous to the time the National Life presented its 
system, little or no attention had been given in this 
country to the system of rating according to the various 
hazards, but the applicants were guaged in the matter of 
physical condition and family history by a cast-iron rule 
without very much regard to circumstances. Prejudice 
has also often been given more weight than sound business 
principles and good common sense. Under its Single 
Premium system, originated and worked in this country 
exclusively by the National Life, it is enabled to extend 
the benefits of insurance to a much larger number of 
people, both male and female, with entire safety to the 
Company and absolute equity to the insured. 

This system has now been in successful operation by the 
National Life for several years, and has met the un- 
qualified approval of many of the most conservative and 
experienced actuaries, and the insuring public. The in- 
crease in the Single Premium, or rather the grading of the 
same, to adapt it to the character of the risk, together with 
the increased cash installment, renders the hazard a safe 
one, while at the same time, if the insured proves to be a 
good risk, he obtains the same results as all others. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 7 

BENEFITS UNDER SINGLE PREMIUM 
POLICIES. 

1. Dividends. All surplus accumulations arising from 
surplus earnings, saving in mortality, and accretions from 
lapse during the first five years, together with accretions 
by reason of surrendered policies, inures to the benefit of 
persistent policy-holders, and at the end of five years from 
the first of January following the issue of the policy, and 
each five years thereafter, may be appropriated to any of 
the following uses : (1) to apply on any payment to become 
due, (2) to purchase paid-up insurance, or (3) to accumulate 
at interest and be paid at its maturity in addition to the 
amount of the policy. 

2. Non-Forfeitable. All policies are non-forfeitable 
after three years save for non-payment of premium, 
violation of provisions of the policy, or for fraud. After 
five years the policy is not forfeited by reason of the non- 
payment of stipulated premium as any unused and unap- 
plied surplus Avith which it stands credited will be used for 
the payment of premium falling due until the same is ex- 
hausted. 

3. Gash Surrender Value. At the completion of 
the second or any subsequent quinquennial period from 
the date of the policy it may be surrendered for cash, at 
which time its guaranteed cash value will be seventy-five 
per cent, of the full reserve accumulations, together with 
all unused surplus. The full amount of such cash sur- 
render value cannot be definitely fixed in advance of the 
completion of the designated period, for while the reserve 
is fixed by the terms of the contract and is governed by 
exact laws of accumulation, the surplus on the contrary de- 
pending as it does upon varying conditions and experience, 
must in every company be a varying quantity. But it is 
confidently believed that in proportion to the cash premium 
paid the surplus accumulations under the National's 
Single Premium policies will exceed those of the most 
favorable policies of old-line Companies. 

4. Paid-up Insurance. Paid-up insurance is avail- 
able under the policy at the completion of the first quin- 
quennial period, and at the completion of the second or 
subsequent quinquennial period the policy may be sur- 
rendered and 75 per cent, of the surplus and reserve 
accumulations used to purchase paid-up insurance, payable 
at the death of the insured ; or such surplus and reserve ac- 
cumulations may be used to extend the insurance for the 
full amount thereof, but for a lesser term. 

5. Disability Provision. Should the insured at any 
time become permanently and totally disabled, he is 
guaranteed a fixed annual cash income or annuity either 
for a given number of years, or through life, or the policy 
may be surrendered and the insured receive in cash the full 
present value of such annuities. 



8 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

(1) PREFERRED RISKS. 

In grading its system so as to equitably adapt it to 
the hazard assumed the National Life has prepared a 
table of rates (table No. 1, found on pages 9, 10 and 11) 
which is designed for Preferred Risks only. This table is 
applicable to persons whose physical examinations, family 
history and occupation enables them to be rated as first- 
class in all respects. Persons who have been declined by 
other companies, are not deemed eligible for insurance 
under this table. 

(2) ORDINARY. 

The table of rates designed for ordinary risks is table 
No. 2, and will be found on pages 12, 13 and 14. This class- 
ification is intended to include a somewhat wide range of 
applicants usually classed as in ordinary health and good 
insurable condition, and yet who cannot be termed abso- 
lutely first-class. Persons whose physical examination 
might be first-class but whose occupation or family history 
is more or less hazardous, should be written under this 
table. 

(3) UNDER-AVERAGE. 

On pages 15, 16 and 17 will be found table of rates No. 
3, designed for persons classified as hazardous risks. Under 
this head the range is quite broad, and embraces those 
whose physical examination shoAVS some impairment, such 
as heart murmur, slight albumen or sugar in urine, largely 
overweight, and young persons with poor family history. 

(4) NON-PARTICIPATING. 

A table of rates designed for a Non -Participating policy 
will be found on pages 18, 19 and 20. The policy under this 
table does not participate in profits, and has no cash sur- 
render value or other special options. At the end of ten 
years, and quinquennially thereafter, it may be surren- 
dered for paid-up insurance for seventy-five per cent, of the 
Reserve standing to its credit. This rate apples to first- 
class risks only. 



NATIONAL LIFE ASSOCIATION OF HAKTFORD. 



ANNUAL PREMIUMS 

FOB 

$1,000 insrsuiR^iisraiE]- 

(1) Preferred Risks. 





Single 


10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Age. 


Premium. 


Annual. 


Annual. 


A nnual. 


Annual. 


Annual. 


15-25 


$211.30 


$35.73 


$27.35 


$23.48 


$21.31 


$19.96* 


26 


216.07 


36.40 


27.83 


23.88 


21.66 


20.27 


27 


221.01 


37.09 


28.33 


24.29 


22.02 


20.60 


28 


226.12 


37.81 


28.84 


24.71 


22.39 


20.93 


29 


231.49 


38.57 


29.39 


25.15 


22.78 


21.29 


30 


237.01 


39.35 


29.94 


25.61 


23.18 


21.65 


31 


242.77 


40.16 


30.53 


26.09 


23.59 


22.03 


32 


248.74 


40.99 


31.13 


26.58 


24.03 


22.43 


33 


254.97 


41.87 


31.76 


27.10 


24.48 


22.84 


34 


261.45 


42.78 


32.41 


27.63 


24.95 


23.27 


35 


268.15 


43.73 


33.09 


28.19 


25.44 


23.71 


36 


275.15 


44.71 


33.80 


28.77 


25.94 


24.17 


37 


282.41 


45.73 


34.53 


29.37 


26.47 


24.65 


38 


289.97 


46.79 


35.29 


29.99 


27.01 


25.15 


39 


297.82 


47.90 


36.09 


30.64 


27.58 


25.67 


40 


306.04 


49.06 


36.92 


31.32 ' 


28.18 


26.21 


41 


314.55 


50.25 


37.78 


32.03 


28.80 


26.77 


42 


323.45 


51.51 


38.68 


32.76 


29.44 


27.36 


43 


332.60 


52.79 


39.60 


33.50 


30.10 


27.96 


44 


342.14 


54.14 


40.56 


34.31 


30.80 


28.60 


45 


351.89 


55.50 


41.55 


35.12 


31.50 


29.24 


46 


361.90 


56.92 . 


42.56 


35.95 


32.23 




47 


372.16 


58.36 


43.60 


36.79 


32.97 




48 


382.63 


59.83 


44.65 


37.67 


33.73 




49 


393.39 


61.35 


45.74 


38.55 


34.51 




50 


404.30 


62.88 


46.84 


39.45 


35.30 




51 


415.43 


64.45 


47.97 


40.37 






52 


426.76 


66.04 


49.11 


41.31 






53 


438.29 


67.66 


50.28 


42.27 




- 


54 


450.03 


69.31 


51.46 


43.24 






55 


461.87 


70.98 


52.66 


44.22 






56 


473.92 


72.68 


53.88 








57 


486.09 


74.39 


55.10 








58 


498.41 


76.12 


56.35 








59 


510.89 


77.88 


57.61 








60 


523.42 


79.64 


58.88 









These Rates are for Preferred Risks Only. 



10 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



SEMI-ANNUAL PREMIUMS 



$1,000 insrsTj-iR^iNrciE. 

(1) Preferred Risks. 





10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Expect'11 


Age. 


Semi- 


Semi- 


Semi- 


Semi- 


Semi- 


of Life. 




Annual. 


Auimal. 


Annual. 


Aii nual. 


Aimual. 


Years. 


15-25 


$18.58 


$14.23 


$12.21 


$11.08 


$10.38 


38 


26 


18.93 


14.47 


12.42 


11.26 


10.54 


37 


27 


19.29 


14.73 


12.63 


11.45 


10.71 


37 


28 


19.66 


15.00 


12.85 


11.65 


10.84 


36 


29 


20.06 


15.29 


13.08 


11.85 


11.07 


35 


30 


20.46 


15.57 


13.32 


12.06 


11.26 


35 


31 


20.89 


15.88 


13.57 


12.27 


11.46 


34 


32 


21.32 


16.19 


13.82 


12.50 


11.67 


33 


33 


21.77 


16.52 


14.09 


12.73 


11.88 


32 


34 


22.25 


16.86 


14.37 


12.98 


12.10 


32 


35 


22.74 


17.21 


14.66 


13.23 


12.33 


31 


36 


23.25 


17.58 


14.96 


13.49 


12.57 


30 


37 


23.78 


17.96 


15.27 


13.77 


12.82 


30 


38 


24.33 


18.35 


15.60 


14.05 


13.08 


29 


39 


24.91 


18.77 


15.94 


14.34 


13.35 


28 


40 


25.51 " 


19.20 


16.29 


14.66 


13.63 


27 


41 


26.13 


19.65 


16.66 


14.98 


13.87 


27 


42 


26.79 


20.12 


17.04 


15.31 


14.23 


26 


43 


27.45 


20.59 


17.42 


15.65 


14.54 


25 


44 


28.16 


21.09 


17.84 


16.02 


14.87 


25 


45 


28.86- 


21.61 


18.26 


16.38 


15.21 


24 


46 


29.60 


22.13 


18.70 


16.76 




23 


47 


30.35 


22,67 


19.13 


17.15 




22 


48 


31.11 


23.22 


19.59 


17.54 




22 


49 


31.90 


23.79 


20.05 


17.95 




21 


50 


32.70 


24.36 


20.52 


18.36 




20 


51 


33.52 


24.95 


20.99 






20 


52 


34.34 


25.54 


21.48 






19 


53 


35.19 


26.15 


21.98 






. 18 


54 


36.04 


26.76 


22.49 






18 


55 


36.91 


27.39 


23.00 






17 


56 


37.80 


28.02 








16 


57 


38.69 


28.75 








16 


58 


39.58 


29.30 








15 


59 


40.50 


29.96 








15 


60 


41.42 


30.62 








14 



These Rates are for Preferred Risks Only. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



11 



QUARTERLY PREMIUMS 



$1,000 IlsrSTJie/^LlTOE. 

(1) Preferred Risks. 





10 Year 


15 Year 


20 Year 


25 Year 


30 Year 




Age. 


Quarterly 


Quarterly 


Quarterly 


Quarterly 


Quarterly 




15-25 


$9.47 


$7.25 


$6.22 


$5.65 


$5.29 




26 


9.65 


7.38 


6.33 


5.74 


5.37 




27 


9.83 


7.51 


6.44 


5.84 


5.46 




28 


10.02 


7.64 


6.55 


5.93 


5.55 




29 


10.22 


7.79 


6.67 


6.04 


5.64 




30 


10.43 


7.94 


6.79 


6.14 


5.74 




31 


. 10.64 


8.09 


6.92 


6.25 


5.84 




32 


10.86 


8.25 


7.04 


6.37 


5.95 




33 


11.10 


8.42 


7.18 


6.49 


6.05 




34 


11.34 


8.59 


7.32 


6.61 


6.17 




35 


11.59 


8.77 


7.47 


6.74 


6.28 




36 


11.85 


8.96 


7.63 


6.88 


6.41 




37 


12.12 


9.15 


7.78 


7.02 


6.53 




38 


12,40 


9.35 


7.95 


7.16 


6.67 




39 


12.69 


9.57 


8.12 


7.31 


6.80 




40 


13.00 


9.79 


8.30 


7.47 


6.95 




41 


13.32 


10.01 


8.49 


7.63 


7.10 




42 


13.65 


10.25 


8.68 


7.80 


7.25 




43 


13.99 


10.50 


8.88 


7.98 


7.41 




44 


14.35 


10.75 


9.09 


8.16 


7.58 




45 


14.71 


11.01 


9.31 


8.35 


7.75 




46 


15.09 


11.28 


9.53 


8.54 






47 


15.47 


11.56 


9.75 


8.74 






48 


15.86 


11.83 


9.98 


8.94 






49 


16.26 


12.12 


10.22 


9.15 






50 


16.66 


12.41 


10.46 


9.36 






51 


17.08 


12.71 


10.70 








52 


17.50 


13.02 


10.95 








53 


17.93 


13.33 


11.20 








54 


18.37 


13.64 


11.46 








55 


18.81 


13.96 


11.72 








56 


19.26 


14.28 










57 


19.71 


14.60 










58 


20.17 


14.93 










59 


20.64 


15.27 










60 


21.11 


15.60 











These Rates are for Preferred Risks Only. 



12 



NATIONAL LI I 



ASSOCIATION OF HARTFORD. 



ANNUAL PREMIUMS 

FOR 

#1,000 INSURANCE 

(2) Ordinary Risks. 



Age. 


Single 


10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Premium. 


Annual. 


Annual. 


Annual. 


Annual. 


Annual. 


15-25 


$268.85 


$43.82 


$33.16 


$28.25 


$25.48 


$23.76 


26 


274.27 


44.59 


33.71 


28.69 


25.88 


24.11 


27 


279.85 


45.37 


34.27 


29.16 


26.28 


24.48 


28 


285.63 


46.19 


34.86 


29.63 


26.70 . 


24.86 


29 


291.56 


47.02 


35.45 


30.13 


27.13 


25.26 


30 


297.72 


47.89 


36.08 


30.63 


27.58 


25.66 


31 


304.10 


48.78 


36.72 


31.16 


28.04 


26.08 


32 


310.62 


49.70 


37.38 


31.70 


28.51 


26.51 


33 


317.40 


50.66 


38.06 


32.26 


29.00 


26.96 


34 


324.39 


51.64 


38.77 


32.84 


29.51 


27.43 


35 


331.58 


52.65 


39.50 


33.44 


30.03 


27.90 


36 


339.05 


53.70 


40.25 


34.05 


30.57 


28.39 


37 


346.74 


54.78 


41.03 


34.69 


31.13 


28.90 


38 


354.69 


55.90 


41.83 


35.35 


31.71 


29.43 


39 


362.90 


57.06 


42.66 


36.00 


32.30 


29.97 


40 


371.39 


58.25 


43.51 


36.73 


32.92 


30.53 


41 


380.17 


59.49 


44.41 


37.46 


33.55 


31.11 


42 


389.23 


60.76 


45.32 


38.21 


34.21 


31.71 


43 


398.56 


62.07 


46.26 


38.98 


34.88 


32.32 


44 


408.16 


63.42 


47.23 


39.74 


35.58 


32.96 


45 


417.94 


64.80 


48.22 


40.55 


36.29 


33.60 


46 


427.94 


66.21 


49.23 


41.41 


37.01 




47 


438.13 


67.64 


50.26 


42.25 


37.75 




48 


448.46 


69.09 


51.30 


43.11 


38.50 




49 


458.97 


70.57 


52.36 


43.98 

44.86 


39.26 




50 


469.63 


72.07 


53.44 


40.03 




51 


480.44 


73.59 


54.54 


45.75 






52 


491.40 


75.14 


55.64 


46.66 






53 


502.47 


76.69 


56.76 


47.58 






54 


513.64 


78.26 


57.89 


48.50 
49.43 






55 


524.90 


79.85 


59.03 






56 


536.30 


81.45 


60.18 








57 


547.76 


83.06 


61.34 








58 


559.30 


84.69 


62.50 








59 


570.89 


86.31 


63.67 








60 


582.50 


87.95 


64.86 









NATIONAL LIFE ASSOCIATION OF HARTFORD. 



13 



SEMI-ANNUAL PREMIUMS 

FOR 

#1 9 OOO INSURANCE 

(2) Ordinary Risks. 



Age. 


10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Semi-Ann'l. 


Semi-Ann'l. 


Semi-Ann'l. 


Semi-Ann'l. 


Semi-Ann'l. 


15-25 


$22.79 


$17.25 


$14.69 


$13.25 


$12.36 


26 


23.19 


17.53 


14.92 


13.46 


12.54 


27 


23.60 


17.82 


15.17 


13.67 


12.73 


28 


24.02 


18.13 


15.41 


13.89 


12.93 


29 


24.45 


18.44 


15.67 


14.11 


13.14 


30 


24.90 


18.76 


15.93 


14.34 


13.35 


31 


25.37 


19.10 


16.21 


14.58 


13.56 


32 


25.85 


19.44 


16.49 


14.83 


13.79 


33 


26.35 


19.79 


16.78 


15.08 


14.02 


34 


26.86 


20.16 


17.08 


15.35 


14.26 


35 


27.38 


20.54 


17.39 


15.62 


14.51 


36 


27.93 


20.93 


17.71 


15.90 


14.76 


37 


28.49 


21.34 


18 04 


16.19 


15.03 


38 


29.07 


21.75 


18.38 


16.49 


15.31 


39 


29.67 


22.19 


18.72 


16.80 


15.59 


40 


30.29 


22.63 


19.10 


17.12 


15.88 


41 


30.94 


23.10 


19.48 


17.45 


16.18 


42 


31.60 


23.57 


19.87 


17.79 


16.49 


43 


32.28 


24.06 


20.27 


18.14 


16.81 


44 


32,98 


24.56 


20.67 


18.50 


17.14 


45 


33.70 


25.08 


21.09 


18.87 


17.47 


46 


34.43 


25.60 


21.54 


19.25 




47 


35.18 


26.14 


21.97 


19.63 




48 


35.93 


26.68 


22.42 


20.02 




49 


36.70 


27.23 


22.87 


20.42 




50 


37.48 


27.79 


23.33 


20.82 




51 


38.27 


28.36 


23.79 






52 


39.07 


28.94 


24.27 






53 


39.88 


29.52 


24.74 






54 


40.70 


30.11 


25.22 






55 


41.52 


30.70 


25.71 






56 


42.36 


31.30 








57 


43.19 


31.90 








58 


44.04 


32.50 








59 


44.88 


33.11 








60 


45.74 


33.73 









14 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



QUARTERLY PREMIUMS 

FOR 

1,000 I1N S U R JS.1S C E . 

(2) Ordinary Risks. 



Age. 


10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Quarterly. 


Quarterly. 


Quarterly. 


Quarterly. 


Quarterly. 


15-25 


$11.61 


$ 8.79 


$ 7.49 


$ 6.75 


$6.30 


26 


11.82 


8.93 


7.60 


6.86 


6.39 


27 


12.02 


9.08 


7.73 


6.97 


6.49 


28 


12,24 


9.24 


7.85 


7.08 


6.59 


29 


12.46 


9.40 


7.98 


7.19 


6.70 


30 


12.69 


9.56 


8.12 


7.31 


6.80 


31 


12.93 


9.73 


8.26 


7.43 


6.91 


32 


13.17 


9.91 


8.40 


7.56 


7.03 


33 


13.42 


10.09 


8.55 


7.69 


7.15 


34 


13.69 


10.28 


8.70 


7.82 


7.27 


35 


13.95 


10.47 


8.86 


7.96 


7.39 


36 


14.23 


10.67 


9.02 


8.10 


7.52 


37 


14.52 


10.87 


9.19 


8.25 


7.66 


38 


14.81 


11.08 


9.37 


8.40 


7.80 


39 


15.12 


11.30 


9.54 


8.56 


7.94 


40 


15.44 


11.53 


9.73 


8.72 


8.09 


41 


15.77 


11.77 


9.93 


8.89 


8.25 


42 


16.10 


12.01 


10.13 


9.07 


8.40 


43 


16.45 


12.26 


10.33 


9.24 


8.56 


44 


16.81 


12.52 


10.53 


9.43 


8.74 


45 


17.17 


12.78 


10.75 


9.62 


8.91 


46 


17.55 


13.05 


10.97 


9.81 




47 


17.93 


13.32 


11.20 


10.01 




48 


18.31 


13.60 


11.43 


10.20 




49 


18.70 


13.88 


11.66 


10.41 




50 


19.10 


14.16 


11.89 


10.61 




51 


19.50 


14.45 


12.13 






52 


19.91 


14.74 


12.37 






53 


20.32 


15.04 


12.61 






54 


20.74 


15.34 


12.85 






55 


21.16 


15.64 


13.10 






56 


21.59 


15.95 








57 


22.01 


16.26 








58 


22.44 


16.56 








59 


22.87 


16.87 








60 


23.31 


17.19 









NATIONAL LIFE ASSOCIATION OF HARTFORD. 



15 



ANNUAL PREMIUMS 

FOR 

$1,000 iisrsTj-iR^iiNroE. 

(3) Under Average Risks. 





Single 


10 Year 


15 Year 


20 Year 


25 Year 


30 Y r ear 


Age. 


Premium. 


Annual. 


Annual. 


Annual. 


Annual. 


Annual. 


15-25 


$352.24 


$55.56 


$41.58 


$35.15 


$31.53 


$29.26 


26 


358.12 


56.38 


42.18 


35.64 


31.95 


29.65 


27 


364.15 


57.22 


42.79 


36.13 


32,39 


30.05 


28 


370.34 


58.10 


43.41 


36.64 


32.84 


30.46 


29 


376.69 


58.99 


44.05 


37.17 


33.30 


30.88 


30 


383.19 


59.91 


44.71 


37.71 


33.77 


31.31 


31 


389.87 


60.85 


45.33 


38.26 


34.25 


31.75 


32 


396.70 


61.81 


46.08 


38.82 


34.74 


32.20 


33 


403.70 


62.79 


46.78 


39.40 


35.26 


32.66 


34 


410.90 


63.81 


47.51 


40.03 


35:78 


33.14 


35 


418.26 


64.85 


48.25 


40.61 


36.31 


33.62 


36 


425.81 


65.91 


49.02 


41.23 


36.86 


34.12 


37 


433.56 


66.97 


49.80 


41.87 


37.42 


34.63 


38 


441.50 


68.12 


50.60 


42.53 


38.00 


35.16 


.39 


449.66 


69.26 


51.43 


43.21 


38.59 


35.70 


40 


458.03 


70.44 


52.27 


43.90 


39.19 


36.25 


41 


466.62 


71.65 


53.14 


44.61 


39.82 


36.80 


42 


475.42 


72,89 


54.03 


45.34 


40.45 


37.40 


43 


484.41 


74.15 


54.94 


46.08 


41.11 


37.99 


44 


493.58 


75.44 


55.86 


46.84 


41.77 


38.60 


45 


502.90 


76.75 


56.80 


47.61 


42.45 


39.21 


46 


512,33 


78.08 


57.76 


48.39 


43.13 




47 


521.89 


79.42 


58.72 


49.18 


43.82 




48 


531.54 


80.78 


59.70 


49.98 


44.52 




49 


541.30 


82.16 


60.68 


50.79 


45.23 




50 


551.14 


83.54 


61.68 


51.60 


45.94 




51 


561.07 


84.94 


62.68 


52,43 






52 


571.05 


86.34 


63.69 


53.25 






53 


581.10 


87.76 


64.70 


54.08 






54 


591.19 


89.18 


65.72 


54.92 






55 


601.32 


90.60 


66.75 


55.76 






56 


611.48 


92.03 


67.77 








57 


621.66 


93.46 


68.80 








58 


631.85 


94.90 


69.83 








59 


642.04 


96.33 


70.86 








60 


652.19 


97.76 


71.89 









16 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



SEMI-ANNUAL PREMIUMS 



FOR 



$1,000 I^TSTTIR^IN-CIE]. 

(3) Under Average Risks. 



Age. 


10 Year 


15 Year 


20 Year 


25 Y'ear 


30 Year 


Serai - Aim'l. 


Semi-Ann'l. 


Seini-Auii'l. 


Semi- An n'l. 


Semi-Auu'l. 


15-25 


$28.89 


$21.62 


$18.28 


$16.40 


$15.22 


26 


29.32 


21.94 


18.54 


16.62 


15.42 


27 


29.76 


22.25 


18.79 


16.85 


15.63 


28 


30.21 


22,58 


19.05 


17.08 


15.84 


29 


30.68 


22.91 


19.33 


17.32 


16.06 


30 


31.16 


23.25 


19.61 


17.56 


16.28 


31 


31.64 


23.57 


19.90 


17.81 


16.51 


32 


32.14 


23.96 


20.19 


18.07 


16.75 


33 


32.65 


24.33 


20.49 


18.34 


16.99 


34 


33.18 


24.71 


20.82 


18.61 


17.24 


35 


33.72 


25.09 


21.12 


18.88 


17.48 


36 


34.28 


25.49 


21.44 


19.17 


17.74 


37 


34.83 


25.90 


21.77 


19.46 


18.01 


38 


35.42 


26.31 


22.12 


19.76 


18.29 


39 


36.02 


26.75 


22.47 


20.07 


18.57 


40 


36.63 


27.18 


22.83 


20.38 


18.85 


41 


37.26 


27.64 


23.20 


20.71 


19.14 


42 


37.91 


28.10 • 


23.58 


21.04 


19.45 


43 


38.56 


28.57 


23.96 


21.38 


19.76 


44 


39.23 


29.05 


24.36 


21.72 


20.07 


45 


39.91 


29.54 


24.76 


22.07 


20.39 


46 


40.60 


30.04 


25.17 


22.43 




47 


41.30 


30.54 


25.58 


22.79 




48 


42.01 


31.05 


25.99 


23.15 




49 


42.73 


31.56 


26.41 


23.52 




50 


43.44 


32.08 


26.83 


23.89 




51 


44.17 


32.60 


27.27 






52 


44.90 


33.12 


27.69 






53 


45.64 


33.65 


28.12 






54 


46.37 


34.18 


28.56 






55 


47.11 


34.71 


29.00 






56 


47.86 


35.24 ' 








57 


48.60 


35.78 








58 


49.35 


36.31 








59 


50.09 


36.85 








60 


50.84 


37.39 









NATIONAL LIFE ASSOCIATION OF HARTFORD. 



17 



QUARTERLY PREMIUMS 



FOR 



$1,000 i^rsxTi^^isroE. 

(3) Under Average Risks. 





10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Age. 














Quarterly. 


Quarterly. 


Quarterly. 


Quarterly. 


Quarterly. 


15-25 


$14.72 


$11.02 


$ 9.32 


$ 8.35 


$ 7.76 


26 


14.94 


11.18 


9.45 


8.47 


7.86 


27 


15.16 


11.34 


9.58 


8.58 


7.96 


28 


15.40 


11.50 


9.71 


8.70 


8.07 


29 


15.63 


11.67 


9.85 


8.83 


8.18 


30 


15.88 


11.85 


9.99 


8.95 


8.30 


31 


16.13 


12.01 


10.14 


9.08 


8.42 


32 


16.38 


12.21 


10.29 


9.21 


8.53 


33 


16.64 


12.40 


10.44 


9.35 


8.66 


34 


16.91 


12,59 


10.61 


9.48 


8.78 


35 


17.19 


12.79 


10.76 


9.62 


8.91 


36 


17.47 


12.99 


10.93 


9.77 


9.04 


37 


17.75 


13.20 


11.10 


9.92 


9.18 


38 


18.05 


13.41 


11.27 


10.07 


9.32 


39 


18.36 


13.63 


11.45 


10.23 


9.46 


40 


18.67 


13.85 


11.63 


10.39 


9.61 


41 


18.99 


14.08 


11.82 


10.55 


9.75 


42 


19.32 


14.32 


12.02 


10.72 


9.91 


43 


19.65 


14.56 


12.21 


10.90 


10.07 


44 


19.97 


14.80 


12.41 


11.07 


10.23 


45 


20.34 


15.05 


12.62 


11.25 


10.39 


46 


20.69 


15.31 


12.82 


11.43 




47 


21.05 


15.56 


13.03 


11.61 




48 


21.41 


15.82 


13.25 


11.80 




49 


21.77 


16.08 
16.35 


13.46 


11.99 




50 


22.14 


13.68 


12.18 




51 


22.51 


16.61 


13.89 






52 


22.88 


16.88 


14.11 






53 


23.26 


17.15 


14.33 






54 


23.63 


17.42 


14.55 






55 


24.01 


17.69 


14.78 






56 


24.39 


17.96 








57 


24.77 


18.23 








58 


25.15 


18.51 








59 


25.53 


18.78 








60 


25.91 


19.05 









lb NATIONAL LIFE ASSOCIATION OF HARTFOKD. 

NON-PARTICIPATING RATE 

_A 1ST 2<T XJ .AIL IP IR, IE IMI X TJ 3VE S 



1,000 INSURANCE. 

(4) Preferred Risks Only. 





Single 


10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Age. 
















Premium. 


Annual. 


Annual. 
$23.23 


Annual. 

$30.11 


Annual. 


Annual. 


15-25 


$170.54 


$29.99 


$18.36 


$17.26 


26 


174.65 


30.57 


23.64 


20.45 


18.66 


17.54 


27 


178.96 


31.18 


24.08 


20.81 


18.97 


17.82 


28 


183.43 


31.81 


24.53 


21.18 


19.29 


18.11 


29 


188.11 


32.47 
33.14 


25.00 


21.57 
21.97 


19.64 


18.42 


30 


192.97 


25.49 


19.99 


18.75 


31 


198.11 


33.87 


26.02 


22.39 


20.34 


19.09 


32 


203.44 


34.62 


26.55 


22.83 


20.75 


19.44 


33 


209.05 


35.41 


27.12 


23.29 


21.15 


19.81 


34 


214.86 
220.95 


36.23 

37.08 


27.71 


23.78 

24.28 


21.57 
22.01 


20.19 


35 


28.32 


20.59 


36 


227.31 


37.98 


28.97 


24.81 


22.48 


21.01 


37 


234.00 


38.92 


29.64 


25.36 


22.96 


21.46 


38 


241.00 


39.91 


30.39 


25.94 


23.47 


21.92 


39 


248.33 


40.94 


31.09 
31.86 


26.55 

27.18 


23.99 


22.40 ' 


40 


256.00 


42.02 


24.55 


22.91 


41 


264.08 


43.16 


32.68 


27.85 


25.14 


23.44 


42 


272.49 


44.34 


33.53 


28.55 


25.75 


23.99 


43 


281.33 


45.58 


34.42 


29.28 


26.39 


24.58 


44 


290.45 


46.87 
48.19 


35.34 


30.03 


27.05 

27.74 


25.19 


45 


299.88 


36.30 


30.82 


25.81 


46 


309.64 


49.57 


37.28 


31.62 


28.44 




47 


319.66 


50.98 


38.29 


32.45 


29.17 




48 


329.96 


52.43 


39.33 


33.31 


29.91 




49 


340.59 
351.42 


53.92 
55.44 


40.41 
41.50 


34.18 
35.08 


30.68 
31.46 




50 




51 


. 362.52 


57.00 


42.62 


36.00 






52 


373.89 


58.60 


43.77 


36.94 






53 


385.53 


60.24 


44.95 


37.90 






54 


397.40 


61.91 


46.15 
47.36 


38.90 
39.88 






55 


409.46 


63.61 






56 


421.76 


65.34 


48.61 








57 


434.26 


67.19 


49.87 








58 


447.00 


68.98 


51.16 








59 


459.87 


70.79 


52.46 








60 


472.98 


72.64 


53.78 









NATIONAL LIFE ASSOCIATION OF HA IH FORD. 



19 



NON-PARTICIPATING RATE 

SE3vni-^.i5risrTJj^Xj premiums 



1,000 INSURANCE, 

(4) Preferred Risks Only. 





10 Year 


15 Year 


20 Year 


25 Year 


30 Year 




Seini-Ann'l. 


Semi-Ami'l. 


Senii-Ann'l. 


Semi-Ann'l. 


Semi-Ann'l. 


15-25 


$15.60 


$12.08 


$10.46 


$ 9.55 


$ 8.96 


26 


15.90 


12.30 


10.63 


9.70 


9.12 


27 


16.22 


12.52 


10.82 


9.86 


9.27 


28 


16.54 


12.76 


11.01 


10.03 


9.42 


29 


16.89 


13.00 


11.22 


10.21 
10.39 


9.58 


30 


17.24 


13.26 


11.42 


9.75 


31 


17.61 


13.53 


11.64 


10.58 


9.93 


32 


17.98 


13.81 


11.87 


10.79 


10.11 


33 


18.42 


14.10 


12.11 


11.00 


10.30 


34 


18.84 
19.28 


14.41 


12.37 


11.22 


10.50 


35 


14.73 


12.63 


11.45 


10.71 


36 


19.75 


15.07 


12.90 


11.69 


10.93 


37 


20.24 


15.42 


13.19 


11.94 


11.16 


38 


20.76 


15.81 


13.49 


12.20 


11.40 


39 


21.29 
21.85 


16.17 
16.57 


13.81 
14.13 


12.47 


11.65 


40 


12.77 


11.91 


41 


22.45 


17.00 


14.48 


13.07 


12.19 


42 


23.06 


17.44 


14.85 


13.39 


12.47 


43 


23.70 


17.90 


15.23 


13.72 


12.78 


44 


24.37 
25.06 


18.38 


15.62 
16.03" 


14.07 
14.42 


13.10 


45 


18.88 


13.42 


46 


25.78 


19.39 


16.44 


14.79 




47 


26.51 


19.91 


16.87 


15.17 




• 48 


27.27 


20.45 


17.32 


15.55 




49 


28.04 
28.83 


21.02 


17.77 
18.24 


15.95 
16.36 




50 


21.58 




51 


29.64 


22.16 


18.72 






52 


30.47 


22.76 


19.21 






53 


31.33 


23.38 


19.71 






54 


32,20 

33.08 


24.00 


20.23 






55 


24.63 


20.74 






56 


33.98 


25.28' 








57 


34.94 


25.93 








58 


35.88 


26.61 








59 


36.81 


27.28 








60 


37.78 


28.97 









20 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



NON-PARTICIPATING RATE 

QUARTERLY PREMIUMS 



1,000 INSURANCE, 

(4) Preferred Risks Only. 



Age. 


10 Year 


15 Year 


20 Year 


25 Year 


30 Year 


Quarterly. 


Quarterly. 


Quarterly. 


Quarterly. 


Quarterly. 


15-25 


$ 7.95 


$ 6.16 


$ 5.33 


$4.87 


$4.57 


26 


8.10 


6.27 


5.42 


4.94 


4.65 


27 


8.26 


6.38 


5.51 


5.02 


4.72 


28 


8.43 


6.50 


5.61 


5.11 


4.80 


29 


8.61 

8.78 


6.63 


5.72 


5.20 


4.88 


30 


6.76 


5.82 


5.30 


4.97 


31 


8.95 


6.90 


5.94 


5.40 


5.06 


32 


9.18 


7.04 


6.05 


5.50 


5.15 


33 


9.38 


7.19 


6.17 


5.60 


5.25 


34 


9.60 


7.34 


6.30 


5.72 


5.35 


35 


9.83 


7.51 


6.43 


5.84 


5.46 


36 


10.07 


7.68 


6.57 


5.96 


5.57 


37 


10.32 


7.86 


6.72 


6.08 


5.69 


38 


10.58 


8.05 


6.87 


6.22 


5.81 


39 


10.85 


8.24 
8.44 


7.04 
7.20 


6.37 


5.94 


40 


11.14 


6.51 


6.07 


41 


11.44 


8.66 


7.38 


6.66 


6.21 


42 


11.75 


8.89 


7.57 


6.82 


6.36 


43 


12.08 


9.12 


7.76 


6.99 


6.51 


44 


12.42 


9.37 
9.62 


7.96 


7.17 


6.68 


45 


12.77 


8.17 


7.35 


6.84 


46 


13.14 


9.86 


8.38 


7.54 




47 


13.51 


10.15 


8.60 


7.72 




48 


13.90 


10.42 


8.83 


7.95 




49 


14.29 


10.71 
11.00 


9.06 
9.30 


8.13 




50 


14.69 


8.34 




51 


15.11 


11.30 


9.54 






52 


15.53 


11.60 


9.79 






53 


15.96 


11.91 


10.04 






54 


16.41 


12.23 
12.55 


10.31 






55 


16.86 


10.57 






56 


17.32 


12.88 


• 






57 


17.81 


13.21 








58 


18.28 


13.56 








59 


18.76 


13.90 








60 


19.25 


14.25 









NATIONAL LIFE ASSOCIATION OF HARTFORD. 



21 



GROSS SINGLE PREMIUM. 

The following table gives the Gross Single Premium 
or total cost of $1,000 of insurance, at ages stated, and 
under the various classifications of risks, which will be 
used when the insured desires to make one single payment 
and secure a paid-up policy at once. 





Gross Single 


Gross Single 


Gross Single 


Gross Single 


Age. 


Premium 


Premium 


Premium. 


Premium "Non- 




"Preferred." 


"Ordinary." 


" Underaverage." 


Participating." 


25 


$262.76 


$324.70 


$411.70 


$222.22 


26 


269.72 


330.41 


417.77 


226.52 


27 


274.83 


336.19 


424.00 


231.04 


28 


280.17 


342.27 


430.52 


235.71 


29 


285.80 


348.42 


437.11 


240.60 


30 


291.58 


354.86 


443.93 


245.56 


31 


297.58 


361.36 


450.90 


250.97 


32 


303.73 


378.27 


458.01 


256.53 


33 


310.25 


375.39 


465.27 


262.38 


34 


317.00 


382.65 


472.83 


268.46 


35 


324.04 


390.13 


480.55 


274.76 


36 


331.30 


397.92 


488.39 


281.43 


37 


338.86 


405.92 


496.24 


288.40 


38 


346.71 


414.22 • 


504.77 


295.73 


39 


354.94 


422.81 


513.21 


303.36 


40 


363.53 


431.63 


521.96 


311.36 


41 


372.35 


440.82 


530.92 


319.81 


42 


381.68 


450.23 


540.12 


328.56 


43 


391.16 


459.94 


549.45 


337.74 


44 


401.17 


469,94 


559.01 


347.30 


45 


411.25 


480.16 - 


568.72 


357.08 


46 


421.77 


490.61 


578.57 


367.31 


47 


432.44 


501.21 


588.50 


377.76 


48 


443.34 


511.95 


598.58 


388.50 


49 


454.60 


522.98 


608.80 


399.54 


50 


466.04 


534.04 


619.03 


410.81 


51 


477.57 


535.30 


629.40 


422.37 


52 


489.55 


556.78 


640.78 


434.22 


53 


501.36 


568.17 


650.80 


446.37 


54 


513.58 


579.90 


660.82 


458.75 


55 


525.96 


591.68 


671.30 


471.35 


56 


538.56 


603.54 


681.90 


484.17 


57 


551.23 


615.47 


692.54 


497.87 


58 


564.05 


627.55 


703.20 


511.14 


59 


577.10 


639.56 


713.80 


524.55 


60 


590.12 


650.70 


724.40 


538.26 



22* NATIONAL LIFE ASSOCIATION OF HARTFORD. 

DEFERRED PREMIUM LIEN ILLUSTRATION. 



Upon page 21 is given the gross single premium at 
different ages and different tables for $1,000 insurance 
where the same is paid in advance in one single payment. 
Such gross premium represents the actual cost of $1,000 
insurance at ages stated. If instead of making a full single 
payment in advance the insured elects to pay an annual 
installment as per the annual tables, the transaction resolves 
itself into a partial cash payment and a loan or forbearance 
of the balance. The net single premium, as per annual tables 
becomes a deferred premium lien and is charged against 
the policy. As the entire first year's installment is used 
for expenses and mortuary purposes no credit is made 
against the deferred premium the first year. At the end of 
the first year five per cent, interest upon the loan is added 
and the net portion of the second annual installment is de- 
ducted. This process is repeated from year to year until 
the time of payment of the last annual installment which 
exactly extinguishes the loan. 

A 10 Payment Policy, " Preferred M," at Ages 25 and 35. 

Age 25. Age 35. 

Net Single Premium at issue, $211.30 $268.15 

One year's interest, 5 per cent., 10.57 13.41 

221.87 "281756 

Net annual installment, 29.73 37.73 

Lien beginning 2d year, 192.11 243.83 

Oue year's interest, 9.61 12.19 

• 201.75 256.02 

Net annual installment, _ 29.73 37.73 

Lien beginning 3d year, 172.02 218.29 

One year's interest, 8.60 10.92 

180.62 229.21 

Net annual installment, 29.73 37.73 

Lien beginning 4th year,.... 150.89 191.48 

One year's interest, - 7.55 9.58 

158.44 201.06 

Net annual installment, 29.73 37.73 

Lien beginning 5th year, 128.71 163.33 

One year's interest, 6.44 8.17 

135.15 171.50 

Net annual installment, 1 29.73 37.73 

Lien beginning 6tli year, 105.42 133.77 

One year's interest, 5.27 6.69 

110.69 140.46 

Net annual installment, 29.73 37.73 

Lien beginning 7th year 80.96 102.73 

One year's interest, 4.05 5.14 

85.01 107.87 

Net annual installment, 29.73 37.73 

Lien beginning 8th year, 1 55.28 70.14 

One year's interest, 2.76 3.51 

58.04 73.65 

Net annual installment, 29.73 37.73 

Lien beginning 9th year, 28.31 35.92 

One year's interest, 1-42 1-80 

29.73 37.72 

Net annual installment, 29.73 37.73 

Lien beginning 10th year, .00 .00 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



23 



T A. B L E. 



10 Payment, "Preferred." 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent. 


An'l In- 


1st 


2nd 


3rd 


4th 


5 th 


6th 


7th 


8th 


9th 


10th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$35.73 


$789 


$808 


$828 


$849 


$871 


$895 


$919 


$945 


$972 


$1000 


26 


36.40 


784 


804 


824 


846 


868 


892 


917 


944 


971 


1000 


27 


37.09 


779 


799 


820 


842 


865 


890 


915 


942 


970 


1000 


28 


37.81 


774 


794 


816 


839 


862 


887 


913 


941 


970 


1000 


23 


38.57 


769 


790 


812 


835 


859 


885 


911 


939 


969 


1000 


30 


39.35 


763 


784 


807 


831 


856 


882 


909 


938 


968 


1000 


31 


40.16 


757 


779 


802 


827 


852 


879 


907 


937 


968 


1000 


32 


40.99 


751 


774 


797 


822 


848 


876 


905 


935 


967 


1000 


33 


41.87 


745 


768 


792 


818 


845 


873 


902 


933 


966 


1000 


34 


42 78 


739 


762 


787 


813 


841 


870 


900 


932 


965 


1000 


35 


43.73 


732 


756 


782 


808 


837 


866 


897 


930 


964 


1000 


30 


44.71 


725 


750 


776 


804 


832 


863 


895 


928 


963 


1000 


37 


45.73 


718 


743 


770 


798 


828 


859 


892 


926 


962 


1000 


38 


46.79 


710 


736 


764 


793 


823 


855 


889 


924 


961 


1000 


39 


47.90 


702 


729 


757 


787 


818 


851 


886 


922 


960 


1000 


40 


49.06 


694 


722 


751 


781 


814 


847 


883 


920 


959 


1000 


41 


50.25 


685 


714 


744 


775 


808 


843 


879 


918 


958 


1000 


42 


51.51 


677 


706 


737 


769 


803 


839 


876 


915 


957 


1000 


43 


52.79 


667 


698 


729 


762 


797 


834 


873 


913 


955 


1000 


44 


54.14 


658 


689 


721 


756 


792 


829 


869 


911 


954 


1000 


45 


55.50 


648 


680 


714 


749 


786 


824 


865 


908 


953 


1000 


46 


56.92 


638 


671 


705 


742 


780 


819 


861 


905 


952 


1000 


47 


58 36 


628 


662 


697 


734 


773 


814 


857 


903 


950 


1000 


48 


59.83 


617 


652 


698 


727 


767 


809 


853 


900 


949 


1000 


49 


61.35 


607 


642 


680 


719 


760 


804 


849 


897 


947 


1000 


50 


62.88 


596 


632 


671 


711 


754 


798 


845 


894 


946 


1000 


51 


64.45 


585 


622 


662 


703 


747 


793 


841 


891 


944 


1000 


52 


66.04 


573 


612 


653 


695 


740 


787 


836 


888 


943 


1000 


53 


67.66 


562 


601 


643 


687 


733 


781 


832 


885 


941 


1000 


54 


69 31 


550 


591 


634 


679 


726 


775 


828 


882 


940 


1000 


55 


70.98 


538 


580 


624 


670 


719 


770 


823 


879 


938 


1000 


56 


72.68 


526 


569 


614 


662 


711 


764 


818 


876 


937 


1000 


57 


74 39 


513 


558 


604 


653 


704 


758 


814 


873 


935 


1000 


58 


76.12 


502 


547 


594 


644 


696 


751 


809 


870 


933 


1000 


59 


77.88 


489 


535 


584 


635 


689 


745 


804 


866 


932 


1000 


60 


79.64 


477 


524 


574 


626 


681 


739 


799 


863 


930 


1000 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



24 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



TABLED. 



10 Payment, "Ordinary." 



Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent. 


An'l In- 


1st 


2nd 


3rd 


4th 


5th 


6th 


7th 


8th 


9th 


10th 


stalling. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 

$964 


Year. 


25 


$43.82 


$731 


$756 


$781 


$808 


$836 


$866 


$897 


$930 


$1000 


26 


44.59 


726 


751 


777 


804 


833 


863 


895 


928 


963 


1000 


27 


45.37 


720 


746 


772 


800 


830 


860 


893 


927 


963 


1000 


28 


46.19 


714 


740 


767 


796 


826 


858 


891 


925 


962 


1000 


29 


47.02 


708 


735 


763 


792 


822 


855 


SSS 


924 


961 


1000 


30 


47.89 


702 


729 


758 


787 


819 


851 


886 


922 


960 


1000 


31 


48.78 


696 


723 


752 


783 


815 


848 


883 


920 


959 


1000 


32 


49.70 


689 


718 


747 


778 


811 


845 


881 


919 


958 


1000 


33 


50.66 


683 


711 


742 


773 


807 


842 


878 


917 


958 


1000 


34 


51.64 


676 


705 


736 


768 


802 


838 


876 


915 


957 


1000 


35 


52.65 


668 


698 


730 


763 


798 


835 


873 


913 


956 


1000 


36 


53.70 


661 


692 


724 


758 


793 


831 


870 


911 


955 


1000 


37 


54.78 


653 


685 


718 


752 


789 


827 


867 


909 


954 


1000 


38 


55.90 


645 


677 


711 


747 


784 


823 


864 


907 


952 


1000 


39 


57.06 


637 


670 


705 


741 


779 


819 


861 


905 


951 


1000 


40 


58.25 


629 


662 


698 


735 


774 


815 


858 


903 


950 


1000 


41 


59.49 


620 


654 


691 


729 


768 


810 


854 


901 


949 


1000 


42 


60.76 


611 


646 


683 


722 


763 


806 


851 


898 


948 


1000 


43 


62.07 


601 


638 


676 


715 


757 


801 


847 


896 


947 


1000 


44 


63.42 


592 


629 


668 


709 


751 


796 


844 


893 


945 


1000 


45 


64.80 


582 


620 


660 


702 


745 


792 


840 


891 


944 


1000 


46 


66.21 


572 


611 


652 


694 


739 


787 


836 


888 


943 


1000 


47 


67.64 


562 


602 


643 


687 


733 


781 


832 


885 


941 


1000 


48 


69.09 


552 


592 


635 


680 


727 


776 


828 


883 


940 


1000 


49 


70.57 


541 


583 


626 


672 


720 


771 


824 


880 


938 


1000 


50 


72.07 


530 


573 


618 


665 


714 


766 


820 


877 


937 


1000 


51 


73.59 


520 


563 


609 


657 


707 


760 


816 


874 


936 


1000 


52 


75.14 


509 


553 


600 


649 


701 


755 


812 


872 


934 


1000 


53 


76.69 


498 


543 


591 


641 


694 


749 


807 


869 


933 


1000 


54 


78.26 


486 


533 


582 


633 


687 


744 


803 


866 


931 


1000 


55 


79.85 


475 


523 


573 


625 


680 


738 


799 


863 


930 


1000 


56 


81.45 


464 


512 


563 


617 


673 


732 


795 


860 


928 


3 000 


57 


83.06 


452 


502 


554 


609 


mo> 


727 


790 


857 


927 


1000 


58 


84.69 


441 


491 


545 


601 


659 


721 


786 


854 


925 


1000 


59 


86.31 


429 


481 


535 


592 


652 


715 


781 


851 


923 


1000 


60 


87.95 


418 


470 


526 


584 


645 


709 


777 


j 848 


922 


1000 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



25 



TABLE. 



10 Payment, "Under Average/' 

Griving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 
Ent. 


AnT In- 


1st 


2nd 


3rd 


4th 


5 til 


6th 


7th 


8th 


9th 


10th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year 


Year. 


Year. 


Year. 


Year. 


25 


$55.56 


$648 


$680 


$713 


$748 


$785 


$824 


$865 


$908 


$953 


$1000 


26 


56.38 


642 


674 


708 


744 


782 


821 


863 


906 


952 


1000 


27 


57.22 


636 


669 


704 


740 


778 


818 


860 


905 


951 


1000 


28 


58.10 


630 


663 


699 


736 


774 


815 


858 


903 


950 


1000 


29 


58.99 


623 


657 


693 


731 


771 


812 


856 


901 


949 


1000 


30 


59.91 


617 


652 


688 


726 


767 


809 


853 


900 


949 


1000 


31 


60.85 


610 


645 


683 


722 


763 


806 


851 


898 


948 


1000 


32 


61.81 


603 


639 


677 


717 


758 


802 


848 


896 


947 


1000 


33 


62.79 


596 


633 


671 


712 


754 


799 


845 


894 


946 


1000 


34 


63.81 


589 


626 


665 


707 


750 


795 


843 


893 


945 


1000 


35 


64.85 


582 


620 


660 


701 


745 


791 


840 


891 


944 


1000 


36 


65.91 


574 


613 


653 


696 


741 


788 


837 


889 


943 


1000 


37 


66.97 


566 


606 


647 


690 


736 


784 


834 


886 


942 


1000 


38 


68.12 


559 


599 


641 


685 


731 


780 


831 


885 


941 


1000 


39 


69.26 


550 


591 


634 


679 


726 


776 


828 


882 


940 


1000 


40 


70.44 


542 


584 


627 


673 


721 


772 


825 


880 


939 


1000 


41 


71.65 


533 


576 


620 


667 


716 


767 


821 


878 


937 


1000 


42 


72 89 


525 


568 


613 


661 


710 


763 


818 


876 


936 


1000 


43 


74.15 


516 


560 


606 


654 


705 


758 


814 


873 


935 


1000 


44 


75.44 


506 


551 


598 


648 


699 


754 


811 


871 


934 


1000 


45 


76.75 


497 


543 


591 


641 


694 


749 


807 


868 


983 


1000 


46 


78.08 


488 


534 


583 


634 


688 


744 


804 


866 


931 


1000 


47 


79.42 


478 


525 


575 


627 


682 


740 


800 


863 


930 


1000 


48 


80.78 


468 


517 


567 


620 


676 


735 


796 


861 


929 


1000 


49 


82.16 


459 


508 


559 


613 


670 


730 


793 


858 


928 


1000 


50 


83.54 


449 


499 


551 


606 


664 


725 


789 


856 


926 


1000 


51 


84.94 


439 


490 


543 


600 


658 


720 


785 


853 


925 


1000 


52 


86.34 


429 


481 


535 


592 


652 


715 


781 


851 


923 


1000 


53 


87.76 


419 


472 


527 


585 


646 


710 


777 


848 


922 


1000 


54 


89.18 


409 


462 


519 


578 


640 


705 


774 


845 


921 


1000 


55 


90.60 


399 


453 


510 


571 


634 


700 


770 


843 


919 


1000 


56 


92.03 


389 


444 


502 


563 


628 


695 


766 


840 


918 


1000 


57 


93.46 


378 ! 


435 


494 


556 


621 


690 


762 


837 


917 


1000 


58 


94.90 


368 


425 


486 


549 


615 


685 


758 


835 


915 


1000 


59 


96.33 


358 


416 


477 


542 


609 


680 


754 


832 


914 


1000 


60 


97.76 


348 


407 


469 


534 


603 


675 


750 


829 


913 


1000 



This tahle applies to policies of $1000. 

For other amounts use corresponding multiple. 



26 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



T A B L, K. 



15 Payment, ''Preferred. 



Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 
at 
Ent. 


An'l In- 


1st 


2nd 


3rd 


4th 


5th 


6th 


7 th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$27.35 


$789 


$799 


$811 


$823 


$835 


$848 


$862 


26 


27.83 


784 


795 


807 


819 


831 


845 


859 


27 


28.33 


779 


790 


802 


815 


828 


841 


856 


28 


28.84 


774 


785 


798 


810 


824 


838 


852 


29 


29.39 


769 


780 


793 


806 


819 


834 


849 


30 


29.94 


763 


775 


788 


801 


815 


830 


845 


31 


30.53 


757 


770 


783 


796 


811 


826 


842 


32 


31.13 


751 


764 


777 


791 


806 


821 


838 


33 


31.76 


745 


758 


772 


786 


801 


817 


834 


34 


32.41 


739 


752 


766 


781 


796 


812 


829 


35 


33.09 


732 


746 


760 


775 


791 


807 


825 


36 


33.80 


725 


739 


754 


769 


785 


802 


820 


37 


34.53 


718 


732 


747 


763 


780 


797 


816 


38 


35.29 


710 


725 


740 


757 


774 


792 


811 


39 


36.99 


702 


718 


733 


750 


768 


786 


806 


40 


36.92 


694 


710 


726 


743 


761 


780 


800 


41 


37.78 


685 


702 


718 


736 


755 


774 


795 


42 


38.68 


677 


693 


710 


729 


748 


768 


789 


43 


39.60 


667 


684 


702 


721 


741 


761 


783 


44 


40.56 


658 


675 


694 


713 


733 


754 


777 


45 


41.55 


648 


666 


685 


705 


726 


747 


770 


46 


42.56 


638 


657 


676 


696 


718 


740 


764 


47 


43.60 


628 


647 


667 


688 


710 


733 


757 


48 


44.65 


617 


637 


657 


679 


701 


725 


750 


49 


45.74 


607 


627 


648 


670 


693 


718 


743 


50 


46.84 


596 


616 


638 


661 


685 


710 


736 


51 


47.97 


585 


606 


628 


651 


676 


702 


729 


52 


49.11 


573 


595 


618 


642 


667 


694 


721 


53 


50.28 


562 


584 


608 


632 


658 


685 


714 


54 


51.46 


550 


573 


597 


622 


649 


677 


706 


5o 


52.66 


538 


562 


586 


612 


640 


668 


698 


56 


53.88 


526 


550 


576 


602 


630 


660 


691 


57 


55.10 


514 


539 


565 


592 


621 


651 


683 


58 


56.35 


502 


527 


554 


582 


611 


642 


675 


59 


57.61 


489 


515 


543 


571 


601 


633 


666 


60 


58.88 


477 


503 


531 


561 


592 


624 


658 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



27 



TABLE. 

15 Payment, "Preferred." 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 
at 

Ent. 


8th 


9th 


10th 


11th 


12th 


13th 


14th 


15th 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$876 


$892 


$908 


$924 


$942 


$960 


$980 


$1000 


26 


874 


889 


906 


923 


941 


959 


979 


1000 


27 


871 


887 


903 


921 


939 


959 


979 


1000 


28 


868 


884 


901 


919 


938 


957 


978 


1000 


29 


865 


881 


899 


917 


936 


957 


978 


1000 


30 


861 


878 


896 


915 


935 


955 


977 


1000 


31 


858 


876 


894 


913 


933 


954 


977 


1000 


32 


855 


872 


891 


911 


932 


953 


976 


1000 


33 


851 


869 


888 


909 


930 


952 


975 


1000 


34 


847 


866 


886 


906 


928 


951 


975 


1000 


35 


843 


863 


883 


904 


926 


950 


974 


1000 


36 


839 


859 


880 


901 


924 


948 


973 


1000 


37 


835 


855 


876 


899 


922 


947 


973 


1000 


38 


830 


851 


873 


896 


920 


945 


972 


1000 


39 


826 


847 


870 


893 


918 


944 


971 


1000 


40 


821 


843 


866 


890 


916 


943 


971 


1000 


41 


816 


839 


862 


887 


914 


941 


970 


1000 


42 


811 


834 


859 


884 


911 


939 


969 


1000 


43 


806 


829 


855 


881 


908 


938 


968 


1000 


44 


800 


825 


850 


877 


906 


936 


967 


1000 


45 


794 


820 


846 


874 


903 


934 


966 


1000 


46 


788 


814 


842 


870 


900 


932 


965 


1000 


47 


782 


809 


837 


867 


898 


930 


964 


1000 


48 


776 


804 


833 


863 


895 


928 


963 


1000 


49 


770 


798 


828 


859 


892 


926 


962 


1000 


50 


764 


793 


823 


855 


889 


924 


961 


1000 


51 


757 


787 


818 


851 


886 


922 


960 


1000 


52 


751 


781 


813 


847 


883 


920 


959 


1000 


53 


744 


775 


808 


843 


879 


918 


958 


1000 


54 


737 


769 


803 


839 


876 


915 


957 


1000 


55 


730 


763 


798 


835 


873 


913 


956 


1000 


56 


723 


757 


793 


830 


870 


911 


954 


1000 


57 


716 


751 


787 


826 


866 


909 


953 


1000 


58 


709 


744 


782 


821 


863 


906 


952 


1000 


59 


701 


738 


777 


817 


859 


904 


951 


1000 


60 


694 


732 


771 


813 


856 


902 


950 


1000 



This tahle applies to policies of $1000. 

For other amounts use corresponding multiple. 



28 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



TABLE. 



15 Payment, " Ordinary." 



Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent, 


An'l In- 


1st 


2nd 


3rd 


4th 


5 til 


6 th 


7th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$33.16 


$731 


$745 


$759 


$774 


$790 


$807 


$824 


26 


33.71 


726 


740 


754 


770 


786 


803 


821 


27 


34.27 


720 


734 


749 . 


765 


782 


799 


817 


28 


34.86 


714 


729 


744 


760 


777 


795 


814 


29 


35.45 


708 


723 


739 


755 


773 


791 


810 


30 


36.08 


702 


717 


733 


750 


768 


786 


807 


31 


36.72 


696 


711 


728 


745 


763 


782 


802 


32 


37.38 


689 


705 


722 


V39 


758 


777 


797 


33 


38.06 


683 


699 


716 


734 


752 


772 


793 


34 


38.77 


676 


692 


710 


728 


747 


767 


788 


35 


39.50 


668 


685 


703 


722 


741 


762 


784 


36 


40.25 


661 


678 


696 


716 


735 


757 


779 


37 


41.03 


653 


671 


690 


709 


730 


751 


774 


38 


41.83 


645 


663 


682 


702 


723 


74 5 


768 


39 


42.66 


637 


656 


675 


695 


717 


739 


763 


40 


43.51 


629 


647 


667 


688 


710 


733 


757 


41 


44.41 


620 


639 


660 


681 


703 


727 


752 


42 


45.32 


611 


631 


652 


673 


696 


721 


746 


43 


46.26 


601 


622 


643 


666 


689 


714 


740 


44 


47.23 


592 


613 


635 


654 


682 


707 


733 


45 


48.22 


582 


603 


627 


649 


674 


700 


727 


46 


49.23 


572 


594 


617 


641 


666 


693 


721 


47 


50.26 


562 


584 


608 


632 


658 


685 


714 


48 


51.30 


552 


574 


598 


624 


650 


678 


707 


49 


52,36 


541 


564 


589 


615 


642 


670 


700 


50 


53.44 


530 


554 


580 


606 


634 


663 


693 - 


51 


54.54 


520 


544 


570 


597 


625 


655 


686 


52 


55.64 


509 


534 


560 


588 


617 


647 


679 


53 


56.76 


498 


523 


550 


578 


608 


639 


672 


54 


57.89 


486 


513 


540 


569 


599 


631 


665 


55 


59.03 


475 


502 


530 


560 


591 


623 


657 


56 


60.18 


464 


491 


520 


550 


582 


615 


650 


57 


61.34 


452 


480 


510 


540 


573 


607 


642 


58 


62.50 


441 


469 


499 


530 


564 


598 


635 


59 


63.67 


429 


458 


489 


521 


555 


590 


627 


60 


64.86 


418 


447 


478 


511 


546 


582 


620 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



29 



table:. 



15 Payment, "Ordinary." 



Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 
at 
Ent. 


8th 


9th 


10th 


11th 


12th 


13th 


14th 


15th 


Year. 

$843 


Tear. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$862 


$882 


$904 


$926 


$950 


$974 


$1000 


20 


840 


859 


880 


902 


923 


949 


974 


1000 


27 


836 


856 


878 


900 


922 


948 


973 


1000 


28 


833 


854 


875 


898 


921 


946 


973 


1000 


29 


830 


851 


872 


896 


918 


945 


972 


1000 


30 


826 


847 


870 


893 


917 


944 


971 


1000 


31 


822 


844 


867 


891 


916 


943 


971 


1000 


32 


818 


841 


864 


889 


915 


942 


970 


1000 


33 


814 


837 


861 


^>m 


913 


940 


969 


1000 


34 


810 


834 


858 


884 


912 


939 


. 969 


1000 


33 


806 


830 


855 


881 


909 


938 


968 


1000 


36 


802 


826 


852 


879 


907 


936 


967 


1000 


37 


797 


822 


848 


876 


905 


935 


967 


1000 


38 


793 


818 


845 


873 


902 


933 


965 


1000 


39 


788 


814 


841 


870 


900 


932 


965 


1000 


40 


783 


809 


837 


867 


898 


930 


964 


1000 


41 


778 


805 


833 


864 


895 


929 


963 


1000 


42 


773 


800 


830 


861 


893 


927 


963 


1000 


43 


767 


796 


827 


857 


890 


925 


962 


1000 


44 


761 


791 


822 


. 854 


887 


923 


961 


1000 


45 


756 


786 


817 


850 


885 


921 


960 


1000 


46 


750 


781 


813 


847 


882 


920 


959 


1000 


47 


744 


775 


808 


843 


879 


918 


958 


1000 


48 


738 


770 


804 


839 


877 


916 


957 


1000 


49 


732 


765 


799 


836 


874 


914 


956 


1000 


50 


725 


759 


795 


832 


871 


912 


955 


1000 


51 


719 


754 


790 


828 


868 


910 


954 


1000 


52 


713 


748 


785 


824 


865 


908 


953 


1000 


53 


706 


742 


780 


820 


862 


906 


952 


1000 


54 


700 


737 


775 


816 


859 


904 


951 


1000 


55 


693 


731 


770 


812 


856 


901 


950 


1000 


56 


687 


725 


765 


808 


852 


899 


948 


1000 


57 


680 


719 


760 


804 


849 


897 


947 


1000 


58 


673 


713 


755 


800 


846 


895 


946 


1000 


59 


666 


707 


750 


795 


843 


893 


945 


1000 


60 


660 


701 


745 


792 


840 


891 


944 


1000 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



30 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



table:. 

15 Payment, " Under Average/' 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent. 


AnT In- 


1st 


2nd 


3rd 


4th 


5th 


6th 


7th 


stalling. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$41.58 


$648 


$666 


$685 


$704 


$725 


$747 


$770 


26 


42.18 


642 


660 


679 


699 


721 


743 


766 


27 


42.79 


636 


654 


674 


694 


716 


739 


» 762 


28 


43.41 


630 


649 


668 


689 


711 


734 


758 


29 


44.05 


623 


643 


663 


684 


706 


730 


754 


30 


44.71 


617 


636 


657 


678 


701 


725 


750 


31 


45.33 


610 


630 


651 


673 


696 


720 


745 


32 


46.08 


603 


624 


645 


667 


691 


715 


741 


33 


46.78 


596 


617 


639 


661 


685 


710 


736 


34 


47.51 


589 


610 


632 


655 


679 


705 


732 


35 


48.25 


582 


603 


625 


649 


674 


700 


727 


36 


49.02 


574 


596 


619 


643 


668 


694 


722 


37 


49.80 


566 


589 


612 


636 


662 


689 


717 


38 


50.60 


559 


581 


605 


630 


656 


683 


712 


39 


51.43 


550 


573 


597 


623 


649 


677 


706 


40 


52.27 


542 


565 


590 


616 


643 


671 


701 


41 


53.14 


533 


557 


582 


608 


636 


665 


695 


42 


54.03 


525 


549 


574 


601 


629 


659 


690 


43 


54.94 


516 


540 


566 


594 


622 


652 


684 


44 


55.86 


506 


532 


558 


586 


615 


646 


678 


45 


56.80 


497 


523 


550 


578 


608 


639 


672 


46 


57.76 


488 


514 


541 


570 


600 


632 


665 


47 


58.72 


478 


505 


533 


562 


593 


625 


659 


48 


59.70 


468 


496 


524 


554 


585 


618 


653 


49 


60.68 


459 


486 


515 


546 


578 


611 


647 


50 


61.68 


449 


477 


507 


538 


570 


604 


640 


51 


62.68 


439 


468 


498 


529 


562 


597 


634 


52 


63.09 


429 


458 


489 


521 


555 


590 


627 


53 


64.71 


419 


449 


480 


512 


547 


583 


621 


54 


65.72 


409 


439 


471 


504 


539 


575 


614 


55 


66.75 


399 


429 


462 


495 


531 


568 


607 


56 


67.77 


389 


420 


452 


487 


523 


561 


601 


57 


68.80 


378 


410 


443 


478 


515 


554 


594 


58 


69.83 


368 


400 


434 


470 


507 


546 


587 


59 


70.86 


358 


391 


425 


461 


499 


539 


581 


60 


71.89 


348 


381 


416 


453 


491 


532 


574 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



31 



table:. 

15 Payment, "Under Average/ 7 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 
at 
Ent. 


8th 


9th 


10th 


11th 


12th 


13th 


14th 


. 15th 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$794 


$819 


$846 


$874 


$903 


$934 


$966 


$1000 


26 


791 


816 


843 


872 


901 


933 


965 


1000 


27 


787 


813 


841 


870 


900 


932 


965 


1000 


28 


783 


810 


838 


867 


898 


930 


964 


1000 


29 


780 


807 


835 


865 


896 


929 


964 


1000 


30 


776 


803 


832 


863 


895 


928 


963 


1000 


31 


772 


800 


829 


861 


893 


927 


962 


1000 


32 


768 


797 


827 


858 


891 


926 


962 


1000 


33 


764 


793 


823 


855 


889 


924 


961 


1000 


34 


760 


789 


820 


853 


887 


923 


960 


1000 


35 


755 


785 


817 


850 


885 


921 


960 


1000 


36 


751 


782 


814 


848 


883 


920 


959 


1000 


37 


747 


778 


810 


845 


881 


919 


958 


1000 


38 


742 


774 


807 


842 


878 


917 


957 


1000 


39 


737 


769 


803 


839 


876 


916 


957 


1000 


40 


732 


765 


800 


836 


874 


914 


950 


1000 


41 


727 


761 


796 


833 


872 


912 


955 


1000 


42 


722 


756 


792 


830 


869 


911 


954 


1000 


43 


717 


752 


788 


827 


867 


909 


953 


1000 


44 


711 


747 


784 


823 


864 


907 


952 


1000 


45 


706 


742 


780 


" 820 


862 


905 


952 


1000 


46 


701 


737 


776 


817 


859 


904 


951 


1000 


47 


695 


732 


772 


813 


856 


902 


950 


1000 


48 


689 


727 


768 


810 


854 


900 


949 


1000 


49 


684 


722 


763 


806 


851 


898 


948 


1000 


50 


678 


717 


759 


803 


848 


896 


947 


1000 


51 


672 


712 


755 


799 


846 


895 


946 


1000 


52 


666 


707 


750 


795 


843 


893 


945 


1000 


53 


660 


702 


746 


792 


840 


891 


944 


1000 


54 


654 


697 


741 


788 


837 


889 


943 


1000 


55 


649 


692 


737 


785 


835 


887 


942 


1000 


56 


643 


686 


733 


781 


832 


885 


941 


1000 


57 


637 


681 


728 


777 


829 


883 


940 


1000 


58 


631 


676 


724 


774 


826 


881 


939 


1000 


59 


625 


671 


719 


770 


823 


879 


938 


1000 


60 


619 


666 


715 


766 


821 


878 


937 


1000 



This tahle applies to policies of $1000. 

For other amounts use corresponding multiple. 



32 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



table:. 

20 Payment, ''Preferred/' 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent. 


An'l In- 


1st 


2nd 


3rd 


4th 


5th 


6th 


7th 


8th 


9th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$23.48 


$789 


$796 


$803 


$810 


$818 


$827 


$836 


$845 


$855 


26 


23.88 


784 


791 


798 


806 


814 


823 


832 


842 


852 


27 


24.29 


779 


786 


794 


802 


810 


819 


828 


838 


848 


28 


24.71 


774 


781 


789 


797 


806 


815 


824 


834 


845 


29 


25.15 


769 


776 


784 


792 


801 


810 


820 


830 


841 


30 


25.61 


763 


771 


779 


787 


796 


806 


816 


826 


837 


31 


26.09 


757 


765 


774 


782 


792 


801 


811 


822 


833 


32 


26.58 


751 


759 


768 


777 


786 


796 


807 


818 


829 


33 


27.10 


745 


753 


762 


771 


781 


791 


802 


813 


825 


34 


27.63 


739 


747 


756 


766 


775 


786 


797 


808 


820 


35 


28.19 


732 


741 


750 


760 


770 


780 


792 


803 


816 


30 


28.77 


725 


734 


743 


753 


764 


775 


786 


798 


811 


37 


29.37 


718 


727 


737 


747 


757 


769 


781 


793 


806 


38 


29.99 


710 


721 


731 


741 


752 


764 


776 


789 


801 


39 


30.64 


702 


712 


722 


733 


744 


756 


769 


782 


795 


40 


31.32 


694 


704 


715 


726 


737 


749 


762 


776 


790 


41 


32.03 


685 


696 


707 


718 


730 


742 


756 


769 


784 


42 


32.76 


677 


687 


698 


710 


722 


735 


749 


763 


778 


43 


33.50 


667 


678 


690 


702 


714 


727 


741 


756 


771 


44 


34.31 


659 


669 


681 


693 


706 


720 


734 


749 


765 


45 


35.12 


648 


660 


672 


684 


698 


712 


727 


742 


758 


46 


35.95 


638 


650 


662 


675 


689 


704 


719 


735 


751 


47 


36.79 


628 


640 


653 


me 


680 


695 


711 


727 


744 


48 


37.67 


617 


630 


643 


657 


671 


687 


703 


719 


737 


49 


38.55 


607 


619 


633 


647 


662 


678 


694 


711 


730 


50 


39.45 


596 


609 


623 


637 


653 


669 


686 


703 


722 


51 


. 40.37 


585 


598 


612 


627 


643 


660 


677 


695 


714 


52 


41.31 


573 


587 


602 


617 


633 


650 


668 


687 


707 


53 


42.27 


562 


576 


591 


607 


624 


641 


659 


679 


699 


54 


43.24 


550 


565 


580 


596 


614 


631 


650 


670 


691 


55 


44.22 


538 


553 


569 


586 


603 


622 


641 


661 


683 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



33 



table:. 

20 Payment, u Preferred/' 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 


lOtli 


11th 


12th 


13th 


14th 


15th 


16th 


17th 


18th 


19th 


20th 


at 
Ent. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$865 


$876 


$887 


$899 


$911 


$924 


$938 


$952 


$967 


$983 


$1000 


26 


862 


873 


884 


897 


909 


923 


937 


951 


967 


983 


1000 


27 


859 


870 


882 


894 


907 


921 


935 


950 


966 


983 


1000 


28 


856 


867 


879 


892 


905 


919 


931 


949 


965 


982 


1000 


29 


852 


864 


876 


889 


903 


917 


932 


948 


964 


982 


1000 


30 


849 


861 


873 


886 


900 


915 


930 


947 


963 


981 


1000 


31 


845 


857 


870 


884 


898 


913 


929 


945 


963 


981 


1000 


32 


841 


854 


867 


881 


895 


911 


927 


944 


962 


980 


1000 


33 


837 


850 


864 


878 


893 


909 


925 


943 


961 


980 


1000 


34 


833 


846 


860 


875 


890 


906 


923 


941 


960 . 


979 


1000 


35 


830 


842 


857 


872 


887 


904 


921 


940 


959 


979 


1000 


36 


824 


838 


853 


868 


884 


901 


919 


938 


958 


978 


1000 


37 


820 


834 


849 


865 


881 


899 


917 


936 


957 


978 


1000 


38 


816 


830 


846 


862 


879 


897 


915 


935 


956 


977 


1000 


39 


810 


825 


841 


857 


875 


893 


913 


933 


,954 


976 


1000 


40 


805 


820 


836 


854 


872 


891 


910 


931 


953 


976 


1000 


41 


799 


815 


832 


849 


868 


887 


908 


929 


952 


975 


1000 


42 


793 


810 


827 


845 


864 


884 


905 


927 


950 


974 


1000 


43 


787 


804 


822 


840 


860 


880 


902 


925 


948 


973 


1000 


44 


781 


799 


817 


836 


856 


877 


900 


923 


947 


973 


1000 


45 


775 


793 


812 


831 


852 


874 


896 


920 


946 


972 


1000 


46 


769 


787 


807 


827 


848 


870 


894 


919 


944 


972 


1000 


47 


762 


781 


801 


822 


844 


867 


891 


916 


943 


971 


1000 


48 


756 


775 


795 


817 


839 


863 


888 


914 


941 


970 


1000 


49 


749 


769 


790 


812 


835 


859 


884 


911 


939 


968 


1000 


50 


. 742 


762 


784 


806 


830 


855 


881 


909 


938 


968 


1000 


51 


735 


756 


778 


801 


825 


851 


878 


906 


936 


967 


1000 


52 


727 


749 


772 


796 


821 


847 


875 


904 


934 


966 


1000 


53 


i 720 


742 


766 


790 


816 


843 


871 


901 


932 


966 


1000 


54 


712 


735 


759 


785 


811 


839 


868 


899 


931 


965 


1000 


55 


705 


728 


753 


779 


806 


835 


865 


896 


929 


964 


1000 



This table applies to policies of $1000. 

For other amounts use cor responding multiple. 



34 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



TABLE. 

20 Payment, " Ordinary/' 

(riving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent. 


An'l In- 


1st 


2nd 


3rd 


4th 


5th 


6th 


7th 


8th 


9th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$28.25 


$731 


$740 


$749 


$759 


$769 


$780 


$791 


$803 


$815 


26 


28.69 


726 


735 


744 


754 


764 


775 


787 


799 


811 


27 


29.16 


720 


729 


739 


749 


760 


771 


783 


795 


808 


28 


29.63 


714 


724 


734 


744 


755 


766 


778 


790 


804 


29 


30.13 


708 


720 


728 


739 


750 


761 


773 


786 


800 


30 


30.63 


702 


712 


722 


733 


744 


756 


769 


782 


795 


31 


31.16 


696 


706 


716 


727 


r ,39 


751 


764 


777 


791 


32 


31.70 


689 


700 


710 


721 


733 


746 


759 


772 


786 


33 


32.26 


683 


693 


704 


715 


727 


740 


753 


767 


782 


34 


32.84 


676 


686 


697 


709 


721 


734 


748 


762 


777 


35 


33.44 


668 


679 


691' 


703 


715 


728 


742 


757 


772 


36 


34.05 


661 


672 


684 


696 


709 


722 


736 


751 


767 


37 


34.69 


653 


665 


677 


689 


702 


716 


730 


746 


762 


38 


35.35 


645 


657 


669 


682 


695 


710 


724 


740 


756 


39 


36.00 


637 


649 


661 


674 


688 


703 


718 


734 


750 


40 


36.73 


629 


641 


654 


667 


681 


696 


711 


728 


745 


41 


37.46 


620 


632 


645 


659 


673 


689 


705 


721 


739 


42 


38.21 


611 


624 


637 


651 


666 


681 


698 


715 


733 


43 


38.98 


601 


614 


628 


643 


658 


674 


690 


708 


726 


44 


39.74 


592 


605 


619 


634 


649 


666 


683 


700 


719 


45 


40.55 


582 


595 


610 


625 


641 


657 


675 


693 


712 


46 


41.41 


572 


586 


601 


616 


632 


649 


666 


685 


705 


47 


42.25 


562 


576 


591 


607 


624 


641 


659 


679 


699 


48 


43.11 


552 


566 


582 


598 


615 


633 


651 


671 


692 


49 


43.98 


541 


556 


572 


588 


606 


624 


643 


663 


685 


50 


44.86 


530 


546 


562 


579 


597 


615 


635 


656 


677 


51 


45.75 


520 


535 


552 


569 


587 


606 


627 


648 


670 


52 


46.66 


509 


525 


542 


559 


578 


598 


618 


640 


662 


53 


47.58 


498 


514 


531 


549 


568 


588 


609 


632 


655 


54 


48.50 


486 


503 


521 


539 


559 


579 


601 


623 


647 


55 


49.43 


475 


492 


510 


529 


549 


570 


592 


615 


639 



This tahle applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



35 



table:. 

20 Payment, "Ordinary." 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 
at 
Ent. 


10th 


11th 


12th 


13th 


14th 


15th 


16th 


17th 


18th 


19th 


20th 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$828 


$842 


$856 


$871 


$887 


$904 


$921 


$940 


$959 


$979 


$1000 


26 


825 


839 


853 


869 


885 


902 


919 


938 


958 


978 


1000 


27 


821 


835 


850 


866 


883 


900 


918 


937 


957 


978 


1000 


28 


817 


832 


847 


863 


880 


898 


916 


936 


956 


977 


1000 


29 


814 


829 


844 


860 


878 


896 


915 


934 


955 


977 


1000 


30 


810 


825 


841 


857 


875 


893 


913 


933 


954 


976 


1000 


31 


806 


821 


837 


854 


872 


891 


911 


931 


953 


976 


1000 


32 


802 


817 


834 


851 


870 


889 


909 


930 


952 


975 


1000 


33 


797 


813 


830 


848 


867 


886 


907 


928 


951 


975 


1000 


34 


793 


809 


826 


845 


864 


884 


905 


927 


950 


974 


1000 


35 


788 


805 


823 


841 


861 


881 


903 


925 


949 


974 


1000 


36 


783 


801 


819 


838 


858 


878 


900 


923 


948 


973 


1000 


37 


778 


796 


815 


834 


854 


876 


898 


922 


947 


973 


1000 


38 


773 


791 


810 


830 


851 


873 


896 


920 


946 


972 


1000 


39 


767 


786 


806 


826 


847 


869 


893 


918 


944 


971 


1000 


40 


763 


782 


801 


822 


844 


867 


891 


916 


943 


971 


1000 


41 


757 


776 


797 


818 


840 


864 


889 


914 


942 


970 


1000 


42 


751 


771 


792 


814 


837 


861 


886 


912 


940 


969 


1000 


43 


745 


766 


787 


809 


833 


857 


883 


910 


939 


969 


1000 


44 


739 


760 


781 


804 


828 


853 


880 


907 


936 


967 


1000 


45 


733 


754 


776 


799 


824 


850 


877 


905 


935 


967 


1000 


46 


725 


747 


770 


794 


819 


845 


874 


903 


934 


966 


1000 


47 


720 


742 


766 


790 


816 


843 


872 


901 


933 


966 


1000 


48 


713 


736 


760 


785 


812 


839 


868 


899 


931 


965 


1000 


49 


707 


730 


755 


780 


807 


836 


865 


897 


929 


964 


1000 


50 


700 


724 


749 


775 


803 


832 


862 


894 


928 


963 


1000 


51 


693 


717 


743 


770 


798 


828 


859 


892 


926 


962 


1000 


52 


686 


711 


737 


765 


794 


824 


856 


889 


924 


961 


1000 


53 


679 


704 


731 


759 


789 


820 


853 


887 


923 


960 


1000 


54 


672 


698 


725 


754 


784 


816 


849 


884 


921 


959 


1000 


55 


665 


691 


719 


749 


779 


812 


846 


882 


919 


959 


1000 



This tahle applies to policies of $1000. 

For other amounts use corresponding multiple. 



36 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



table:. 

20 Payment, " Under Average/' 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 

Ent. 


An'l In- 


1st 


2nd 


3rd 


4th 


5th 


6th 


7th 


8th 


9th 


stallm't. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$35.15 


$-48 


$659 


$671 


$684 


$697 


$712 


$726 


$742 


$758 


26 


35.64 


642 


654 


666 


679 


692 


707 


722 


737 


754 


27 


36.13 


636 


648 


660 


673 


687 


702 


717 


733 


750 


28 


36.64 


630 


642 


655 


668 


682 


697 


712 


728 


745 


29 


37.17 


623 


636 


649 


662 


676 


691 


707 


724 


741 


30 


37.71 


617 


629 


643 


656 


671 


686 


702 


719 


737 


31 


38.26 


610 


623 


636 


650 


665 


681 


697 


714 


732 


32 


38.82 


603 


616 


630 


644 


659 


675 


692 


709 


727 


33 


39.40 


596 


610 


623 


638 


653 


669 


686 


704 


722 


34 


40.03 


589 


603 


617 


632 


647 


664 


681 


699 


718 


35 


40.61 


585 


595 


610 


625 


641 


657 


675 


693 


713 


36 


41.23 


574 


588 


603 


618 


634 


651 


669 


688 


707 


37 


41.87 


566 


581 


596 


611 


628 


645 


663 


682 


702 


38 


42.53 


559 


573 


588 


604 


621 


638 


657 


676 


697 


39 


43.21 


550 


565 


581 


597 


614 


632 


651 


670 


691 


40 


43.90 


542 


557 


573 


589 


607 


625 


644 


664 


685 


41 


44.61 


533 


549 


565 


582 


599 


618 


637 


658 


679 


42 


45.34 


525 


540 


557 


574 


592 


611 


630 


651 


673 


43 


46.08 


516 


531 


548 


566 


584 


603 


623 


645 


667 


44 


46.84 


506 


523 


540. 


557 


576 


596 


616 


638 


661 


45 


47.61 


497 


514 


531 


549 


568 


588 


609 


631 


654 


46 


48.39 


488 


504 


522 


541 


560 


580 


602 


624 


648 


47 


49.18 


478 


495 


513 


532 


552 


573 


594 


617 


641 


48 


49.98 


468 


486 


504 


523 


543 


565 


587 


610 


635 


49 


50.79 


459 


476 


495 


515 


535 


557 


579 


603 


628 


50 


51.60 


449 


467 


486 


506 


527 


549 


572 


596 


621 


51 


52.43 


439 


457 


477 


497 


518 


540 


564 


' 589 


614 


52 


53.25 


429 


448 


467 


488 


510 


532 


556 


581 


608 


53 


54.08 


419 


438 


458 


479 


501 


524 


548 


574 


601 


54 


54.92 


409 


428 


449 


470 


492 


516 


540 


566 


594 


55 


55.76 


399 


418 


439 


461 


484 


508 


533 


559 


587 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



37 



T A B L E}. 

20 Payment, "Under Average/' 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, each year, 
on the form indicated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 
Ent. 


10th 


11th 


12th 


13th 


14th 


15th 


16th 


17th 


18th 


19th 


20th 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


Year. 


25 


$775* 


$793 


$812 


$831 


$852 


$874 


$897 


$921 


$946 


$972 


$1000 


26 


771 


789 


809 


829 


850 


872 


895 


919 


94 5 


972 


1000 


27 


767 


786 


805 


826 


847 


870 


893 


918 


944 


971 


1000 


28 


763 


782 


802 


823 


844 


867 


891 


916 


943 


971 


. 1000 


29 


759 


778 


799 


820 


842 


865 


889 


915 


942 


970 


1000 


30 


755 


775 


795 


817 


839 


863 


888 


914 


941 


970 


1000 


31 


751 


771 


791 


813 


836 


860 


886 


912 


940 


969 


1000 


32 


746 


767 


788 


810 


833 


858 


883 


910 


939 


969 


1000 


33 


742 


763 


784 


807 


830 


855 


881 


909 


938 


968 


1000 


34 


738 


759 


781 


804 


828 


853 


880 


908 


938 


968 


1000 


35 


733 


754 


776 


800 


824 


850 


877 


906 


936 


967 


1000 


36 


728 


750 


772 


796 


821 


847 


875 


904 


934 


966 


1000 


37 


723 


745 


768 


792 


818 


845 


873 


902 


933 


966 


1000 


38 


718 


740 


764 


789 


815 


842 


870 


900 


932 


965 


1000 


39 


713 


736 


760 


785 


811 


839 


868 


899 


931 


965 


1000 


40 


707 


731 


755 


781 


808 


836 


866 


897 


930 


964 


1000 


41 


702 


726 


750 


777 


804 


833 


863 


895 


928 


963 


1000 


42 


696 


720 


746 


772 


800 


830 


861 


893 


927 


963 


1000 


43 


690 


715 


741 


768 


796 


826 


858 


891 


925 


962 


1000 


44 


685 


710 


736 


764 


793 


823 


855 


889 


924 


961 


1000 


45 


679 


704 


731 


759 


789 


820 


852 


887 


923 


960 


1000 


46 


673 


699 


726 


755 


785 


816 


850 


884 


921 


960 


1000 


47 


667 


693 


721 


750 


781 


813 


847 


882 


920 


959 


1000 


48 


660 


687 


716 


745 


777 


810 


844 


880 


918 


958 


1000 


49 


654 


682 


711 


741 


773 


806 


841 


878 


917 


957 


1000 


50 


648 


676 


705 


736 


768 


802 


838 


876 


915 


956 


1000 


51 


642 


670 


700 


731 


764 


799 


835 


874 


914 


956 


1000 


52 


635 


664 


695 


727 


760 


795 


833 


871 


912 


955 


1000 


53 


629 


658 


689 


722 


757 


792 


829 


869 


911 


954 


1000 


54 


622 


652 


684 


717 


752 


788 


827 


867 


909 


953 


1000 


55 


616 


646 


678 


712 


748 


785 


824 


865 


908 


953 


1000 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



38 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



table:. 



25 Payment, "Preferred." 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, at the 
years and* form stated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 


Aii'l Iu- 


at 




Ent. 


stallm't. 


25 


$21.31 


2tf 


21.66 


27 


22.02 


28 


22.39 


29 


22.78 


30 


23.18 


31 


23.59 


32 


24.03 


83 


24.48 


34 


24.95 


35 


25.44 


36 


25.94 


37 


26.47 


38 


27.01 


39 


27.58 


40 


28.18 


41 


28.80 


42 


29.44 


43 


30.10 


44 


30.80 


45 


31.50 


46 


32.23 


47 


32.97 


48 


33.73 


49 


34.51 


50 


35.30 



784 
779 
774 
769 
763 
757 
751 
745 
739 
732 
725 
718 
710 
702 
694 
685 
677 
667 
658 
648 
638 
628 
617 
607 



2nd 
Year. 



$793 
789 
784 
779 
774 
769 
763 
757 
751 
745 
738 
731 
724 
717 
709 
701 
693 
684 
675 
666 
656 
646 
636 
625 
615 



596 604 



3rd 
Year. 



5th 10th 15th 20th 
Year. Year. Year. Year. 



794 

789 

784 

779 

774 

768 

763 

757 

751 

744 

738 

731 

724 

716 

708 i 

700 

697 I 

683 

674 

665 

655 

645 

635 

625 

614 



$809 
805 
800 
796 
791 
786 
781 
776 
770 
764 
758 



731 
724 
716 
708 
700 
691 
682 
673 
664 
654 
645 
635 



$841 
838 
834 
830 
826 
822 
817 
813 
808 
803 
798 
793 
788 
782 
776 
770 
764 
757 
750 
743 
736 
728 
720 
712 
704 
696 



$882 
879 
876 
874 
872 
868 
864 
861 
857 
854 
850 
846 
842 
838 
833 
829 
824 
820 
815 
809 
804 
798 
792 
786 
780 
774 



$934 
933 
931 
930 
929 
927 
924 
922 
920 
918 
916 
914 
912 
910 
908 
905 
902 
900 
897 
891 
889 
887 
884 
880 
877 
873 



25th 
Year. 



$1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 



30th 
Year. 



30 Payment, ''Preferred." 



25 


19.96 


789 


792 


796 


803 


826 


855 


892 


940 


$1000 


26 


20.27 


784 


788 


791 


799 


822 


852 


890 


939 


1000 


27 


20.60 


779 


783 


786 


794 


818 


849 


887 


937 


1000 


28 


20.93 


774 


778 


781 


790 


814 


845 


885 


936 


1000 


29 


21.29 


769 


772 


776 


785 


810 


841 


882 


934 


1000 


30 


21.65 


764 


767 


771 


780 


805 


838 


879 


932 


1000 


31 


22.03 


758 


761 


765 


774 


800 


834 


876 


930 


1000 


32 


22.43 


752 


755 


759 


769 


795 


830 


873 


929 


1000 


33 


22.84 


745 


749 


753 


763 


790 


825 


870 


927 


1000 


34 


23.27 


739 


743 


747 


757 


785 


821 


867 


925 


1000 


35 


23.71 


732 


736 


741 


750 


779 


816 


863 


923 


1000 


36 


24.17 


725 


729 


734 


744 


774 


811 


860 


921 


1000 


37 


24.65 


718 


722 


727 


737 


768 


806 


856 


919 


1000 


38 


25.15 


710 


715 


720 


730 


766 


801 


852 


918 


1000 


39 


25.67 


702 


707 


712 


723 


755 


796 


848 


915 


1000 


40 


26.21 


694 


699 


704 


715 


748 


790 


844 


913 


1000 


41 


26.77 


685 


690 


696 


707 


741 


784 


839 


910 


1000 


42 


27.36 


676 


682 


687 


699 


734 


778 


835 


908 


1000 


43 


27.96 


667 


673 


678 


690 


726 


772 


830 


905 


1000 


44 


28.60 


658 


664 


669 


681 


718 


766 


826 


902 


1000 


45 


29.24 


648 


654 


660 


672 


710 


759 


821 


899 


1000 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



39 



TABLE. 



25 Payment, "Ordinary. 7 ' 

Giving* (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, at the 
years and form stated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 
at 

Ent. 



25 
26 
27 
28 
29 
30 
31 
32 
33 
34 
35 
36 
37 
38 
39 
40 
41 
42 
43 
44 
45 
46 
47 
48 
49 
50 



AnTIn- 1st 2nd 3rd 5th 10th 15th 20th 
stallm't. Year. Year. Year. Year. Year. Year. I Year. 



$25.48 
25.88 
26.28 
26.70 
27.13 
27.58 
28.04 
28.51 
29.00 
29.51 
30.03 
30.57 
31.13 
31.71 
32.30 
32.92 
33.55 
34.21 
34.88 
35.58 
36.29 
37.01 
37.75 
38.50 
39.26 
40.03 



$731 
726 
720 
714 
708 
702 
696 
689 
683 
676 
668 
661 
653 
645 
637 
628 
620 
611 
601 
592 
582 
572 
562 
551 
541 
530 



737 $744 
732 738 



726 
721 
715 
709 
703 
696 
690 
683 
676 



733 

728 
722 
716 
710 
704 
697 
690 
684 
668 676 



661 
653 
645 
637 
628 
619 
610 
601 
591 
582 
572 
562 
551 
541 



669 
662 
654 
646 
637 
629 
620 
611 
601 
592 
582 
572 
562 
552 



$757 
752 
747 
742 
737 
731 
725 
719 
713 
707 
701 
694 
687 
681 
672 
664 
657 
648 
640 
631 
623 
613 
604 
595 
585 
576 



$798 
794 
789 
785 
781 
776 
771 
766 
761 
756 
751 
745 
739 
733 
727 
721 
714 
707 
700 
693 
686 
678 
670 
663 
655 
647 



$850 
847 
843 
840 
837 
833 
830 
826 
822 
818 
814 
810 
806 
801 
797 
792 
787 
782 



766 
760 
755 
749 
743 
737 



$916 
914 
912 
910 
908 
907 
905 
903 
900 
898 
896 
894 
891 
889 
886 
883 
881 
878 
875 
872 
869 
866 
862 
859 
856 
853 



25 th 
Year. 



$1000 
1000 
1000 
1000 
1000 
1000 
1000 
loon 

1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 
1000 

1(100 
1000 
1000 

looo 
1000 



30th 
Year. 





30 P 


AYMENT, 


Ordinary 


7> 




25 


23.76 


731 


735 


740 


750 


779 


816 


863 


923 


$1000 


26 


24.11 


726 


730 


735 


745 


774 


812 


860 


921 


1000 


27 


24.48 


720 


725 


729 


739 


770 


808 


857 


920 


1000 


28 


24.86 


714 


719 


724 


734 


765 


804 


854 


918 


1000 


29 


25.26 


708 


713 


718 


729 


760 


800 


851 


917 


1000 


30 


25.66 


702 


707 


712 


723 


755 


796 


848 


915 


1000 


31 


26.08 


696 


701 


706 


717 


750 


799 


845 


913 


1000 


32 


26.51 


689 


694 


700 


711 


744 


787 


841 


911 


1000 


33 


26.96 


683 


688 


693 


705 


739 


782 


838 


909 


1000 


34 


27.43 


676 


681 


686 


698 


733 


778 


835 


907 


1000 


35 


27.90 


668 


674 


679 


691 


727 


773 


831 


905 


1000 


36 


28.39 


661 


666 


672 


684 


721 


768 


827 


903 


1000 


37 


28.90 


653 


659 


665 


677 


715 


762 


823 


901 


1000 


38 


29.43 


645 


651 


657 


670 


708 


757 


819 


899 


1000 


39 


29.97 


637 


643 


649 


662 


701 


751 


815 


896 


1000 


40 


30.53 


629 


635 


641 


654 


694 


745 


811 


894 


1000 


41 


31.11 


620 


626 


632 


616 


687 


739 


806 


891 


1000 


42 


31.71 


611 


617 


624 


638 


680 


733 


802 


889 


1000 


43 


32.32 


601 


608 


615 


629 


672 


727 


797 


886 


1000 


44 


32.96 


592 


598 


605 


620 


664 


720 


792 


883 


1000 


45 


33.60 


582 


589 


596 


611 


656 


714 


787 


881 


1000 



This tahle applies to policies of $1000. 

For other amounts use corresponding multiple. 



40 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



table:. 



25 Payment, "Under Average/ 7 

Giving (in even dollars) the Minimum amount of guar- 
anteed insurance under Single Premium policies, at the 
years and form stated, where the insured elects to pay his 
premium in installments. The computation is made at the 
beginning of each policy year, immediately following the 
payment of the annual installment of premium. 



Age 

at 
Ent. 



An'l In- 1st 2nd 3rd 
stallm't. Year. Year. Year. 



5th 10th 15th 
Year. Year. Year. Year. 



25 
26 
27 
28 
29 
30 
31 
32 
33 
34 
35 
36 
37 
38 
39 
40 
41 
42 
43 
44 
45 
46 
47 
48 
49 
50 



$31.35 
31.95 
32.39 
32.84 
33.30 
33.77 
34.25 
34.74 
35.26 
35.78 
36.31 
36.86 
37.42 
38.00 
38.59 
39.19 
39.82 
40.45 
41.11 
41.77 
42 45 
43.13 
43.82 
44.52 
45.23 
45.94 



$648 
642 
636 
630 
623 
617 
610 
603 
596 
589 
582 
574 
566 
558 
550 
542 
533 
525 
516 
507 
497 
488 
478 
464 
459 
449 



$656 
650 
644 
638 
632 
626 
619 
612 
605 
598 
591 
584 
576 
568 
560 
552 
544 
535 
526 
517 
508 
499 
490 
481 
471 
461 



659 
653 
647 
641 
635 
628 
622 
615 
608 
601 
594 
586 
579 
571 
563 
555 
547 
538 
529 
520 
511 
502 
493 
484 
474 



$682 
677 
671 
666 
660 
654 
648 
642 
635 
629 
622 
615 
608 
601 
594 
587 
579 
571 
562 
555 
546 
538 
529 
520 
511 
502 



$735 
731 
726 
722 
717 
712 
707 
702 
696 
691 
685 
680 
674 
668 
662 
656 
649 
643 
636 
629 
622 
615 
607 
600 
593 
585 



$803 
800 
796 
793 
789 
786 
782 
778 
774 
770 
766 
762 
757 
753 
748 
744 
739 
734 
729 
724 
719 
714 
708 
653 
697 
692 



20th 


25 th 


Year. 


Year. 


$890. 


$1000 


888 


1000 


886 


1000 


884 


1000 


882 


1000 


880 


1000 


878 


1000 


876 


1000 


873 


1000 


871 


1000 


869 


1000 


867 


1000 


864 


1000 


862 


1000 


859 


1000 


857 


1000 


854 


1000 


851 


1000 


848 


1000 


845 


1000 


842 


1000 


839 


1000 


836 


1000 


833 


1000 


830 


1000 


827 


1000 



30th 
Year. 



30 Payment, " Under Average. 



25 


29.26 


648 


653 


659 


672 


710 


758 


820 


899 


$1000 


26 


29.65 


642 


648 


654 


667 


705 


754 


817 


897 


1000 


•27 


30.05 


636 


642 


648 


661 


700 


750 


814 


896 


1000 


28 


30.46 


630 


636 


642 


655 


695 


746 


812 


894 


1000 


29 


30.88 


623 


629 


636 


649 


690 


742 


808 


892 


1000 


30 


31.31 


617 


623 


629 


643 


685 


737 


805 


891 


1000 


31 


31.75 


610 


616 


623 


637 


679 


733 


801 


889 


1000 


32 


32.20 


603 


610 


616 


631 


673 


728 


798 


887 


1000 


33 


32.66 


596 


603 


609 


624 


668 


723 


794 


885 


1000 


34 


33.14 


589 


596 


603 


618 


662 


718 


790 


883 


1000 


35 


33.62 


582 


588 


595 


611 


656 


713 


787 


880 


1000 


36 


34.12 


574 


581 


588 


604 


650 


708 


783 


878 


1000 


37 


34.63 


566 


573 


581 


596 


643 


703 


779 


876 


1000 


38 


35.16 


559 


566 


573 


589 


637 


697 


775 


874 


1000 


39 


35.70 


550 


557 


565 


581 


630 


692 


771 


871 


1000 


40 


36.25 


542 


549 


557 


574 


623 


686 


766 


869 


1000 


41 


36.80 


533 


541 


549 


566 


616 


680 


761 


866 


1000 


42 


37.40 


525 


532 


540 


557 


609 


674 


757 


864 


1000 


43 


37.99 


516 


523 


532 


549 


601 


66S 


753 


861 


1000 


44 


38.60 


506 


514 


523 


540 


599 


662 


748 


859 


1000 


45 


39.21 


497 


505 


514 


532 


586 


655 


743 


856 


1000 



This table applies to policies of $1000. 

For other amounts use corresponding multiple. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



41 



COMPOUND INTEREST TABLES, 





1 






2 




Showing Amount of 81.00 Im- 


Showing 


Amount of 


SI. 00 per 


proved at Compound Interest 


Annum Improved at Compound 


in from 1 to 50 Y 


ears. 


Interest in from 1 


to 50 Tears. 


End of 


4 


6 


End of 


4 


6 


Year. 


Per Cent. 


Per Cent. 


Year. 


Per Cent. 


Per Cent. 


1 


$1.0400 


$1.0600 


1 


$1.0400 


$1.0600 


2 


1.0816 


1.1236 


2 


2.1216 


2.1836 


3 


1.1249 


1.1910 


3 


3.2465 


3.3746 


4 


1.1699 


1.2625 


4 


4.4163 


4.6371 


5 


1.2167 


1.3382 


5 


5.6330 


5.9753 


6 


1.2653 


1.4185 


6 


6.8983 


7.3938 


7 


1.3159 


1.5036 


7 


8.2142 


8.8975 


8 


1.3686 


1.5938 


8 


9.5828 


10.4913 


9 


1.4233 


1.6895 


9 


11.0061 


12.1808 


10 


1.4802 


1,7908 


10 


12.4864 


13.9716 


11 


1.5395 


1.8983 


11 


14.0258 


15.8699 


12 


1.6010 


2.0122 


12 


15.6268 


17.8821 


13 


1.6651 


2.1329 


13 


17.2919 


20.0151 


14 


1.7317 


2.2609 


14 


19.0236 


22.2760 


15 


1.8009 


2.3966 


15 


20.8245 


24.6725 


16 


1.8730 


2.5404 


16 


22.6975 


27.2129 


17 


1.9479 


2.6928 


17 


24.6454 


29.9057 


18 


2.0258 


2.8543 


18 


25.6712 


32.7600 


19 


2.1068 


3.0256 


19 


28.7781 


35.7856 


20 


2.1911 


3.2071 


20 


30.9692 


38.9927 


21 


2.2788 


3.3996 


21 


33.2480 


42.3923 


22 


2.3699 


3.6035 


22 


35.6179 


45.9958 


23 


2.4647 


3.8197 


23 


38.0826 


49.8156 


24 


2.5633 


4.0489 


24 


40.6459 


53.8645 


25 


2.6658 


4.2919 


25 


43.3117 


58.1564 


26 


2.7725 


4.5494 


26 


46.0842 


62.7058 


27 


2.8834 


4.8233 


27 


48.9676 


67.5281 


28 


2.9987 


5.1117 


28 


51.9663 


72.6398 


29 


3.1187 


5.4184 


29 


55,0849 


78.0582 


30 


3.2434 


5.7435 


30 


58.3283 


83.8017 


31 


3.3731 


6.0881 


31 


61.7015 


89.8998 


32 


3.5081 


6.4534 


32 


65.2095 


96.3432 


33 


3.6448 


6.8406 


33 


68.8579 


103.1838 


34 


3.7943 


7.2510 


34 


72.6522 


110.4348 


35 


3.9461 


7.6861 


35 


76.59S3 


118.1209 


36 


4.1039 


8.1473 


36 


80.7022 


126.2681 


37 


4.2681 


8.6361 


37 


84.9703 


134.9042 


38 


4.4388 


9.1543 


38 


89.4092 


144.0585 


39 


4.6164 


9.7035 


39 


94.0255 


153.7620 


40 


4.8010 


10.2857 


40 


98.8265 


164.0477 


41 


4.9931 


10.9029 


41 


103.8196 


174.9505 


42 


5.1928 


11.5570 


42 


109.0214 


186.5076 


43 


5.4005 


12.2505 


43 


114.4129 


198.7580 


44 


5.6165 


12.9855 


44 


120.0294 


211.7435 


45 


5.8412 


13.7646 


45 


125.8706 


225.5081 


46 


6.0748 


14.5905 


46 


131.9454 


240.0986 


47 


6.3178 


15.4659 


47 


138.2632 


255.5645 


48 


6.5705 


16.3939 


48 


144.8337 


271.9584 


49 


6.8333 


17.3775 


49 


151.6671 


289.3359 


50 


7.1067 


18.4202 


50 


158.7738 


307.7561 



42 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

NET RESERVE ACTUARIES' TABLE. 

For the use of agents in the field we give here the Net 
Single Premium Reserve, according to the Actuaries 1 Ta- 
bles of Mortality at different ages, interest being computed 
at 5, 4 and 3 per cent, respectively. It will form some guide 
in estimating the amount available (aside from surplus 
accumulations) for cash surrender values at the end of the 
paying period on Single Premium policies. 





Net 


Net 


Net 




Net 


Net 


Net 


Age. 


Reserve 


Reserve. 


Reserve. 


Age. 


Reserve. 


Reserve. 


Reserve. 




5% 


4% 


3% 


55 


5% 


40/o 


3% 


25 


$217.07 


$276.80 


$363.83 


$472.53 


$539.32 


$620.75 


26 


221.87 


282.29 


369.85 


56 


484.96 


551.15 


631.39 


27 


226.87 


287.98 


376.03 


57 


497.62 


563.12 


642.05 


28 


232.06 


293.84 


382.36 


58 


510.39 


575.15 


652,74 


29 


237.43 


299.91 


388.86 


59 


523.33 


587.27 


663.44 


30 


243.06 


306.14 


395.52 


60 


536.43 


599.43 


674.14 


31 


248.86 


312.61 


402.35 


61 


549.59 


611.62 


684.80 


32 


254.91 


319.31 


409.36 


62 


562.77 


623.85 


695.41 


33 


261.18 


326.15 


416.54 


63 


576.06 


636.00 


705.95 


34 


267.72 


333.27 


423.89 


64 


589.29 


648.11 


716.40 


35 


274.52 


340.61 


431.44 


65 


602.54 


660.19 


726.73 


3(5 


281.56 


348.16 


439.17 


66 


615.72 


672.11 


736.94 


37 


288.91 


356.00 


447.10 


67 


628.82 


683.96 


747.00 


38 


296.53 


364.08 


455.24 


68 


641.86 


695.66 


756.89 


39 


304.47 


372.42 


463.58 


69 


654.72 


707.20 


766.62 


40 


312.71 


381.04 


472.14 


70 


667.49 


718.58 


776.17 


41 


321.34 


389.96 


480.93 


71 


680.16 


729.79 


785.49 


42 


330.28 


399.18 


489.95 


72 


692.50 


740.23 


794.59 


43 


339.62 


408.69 


499.19 


73 


704.77 


751.56 


803.51 


44 


349.23 


418.49 


508.63 


74 


716.79 


762.15 


812.25 


45 


359.25 


428.57 


518.26 


75 


728.62 


772.51 


820.81 


46 


369.48 


438.84 


528.04 










47 


380.00 


449.34 


537.95 










48 


390.77 


460.04 


547.98 










49 


401.76 


470.88 


558.12 










50 


413.06 


481.92 


568.36 










51 


424.52 


493.11 


578.70 










52 


436.20 


504.46 


589.12 










53 


448.10 


515.97 


599.60 








• 


54 


460.20 


527.59 


610.15 











Note. To find tlie reserve which this tahle would call for on a Single 
Premium Policy at the end of twenty years from issue, supposing same to 
have heen issued at age 35, look in the "reserve columns opposite age 55. If 
the reserve assumed under the policy he on the basis of 5 per cent, interest 
the amount will he $472.55; if on the basis of 4 per cent, interest it should be 
$539.32; if on the basis of 3 per cent, interest it should be $620.75. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



43 



RESERVE ILLUSTRATION. 

The folloAving table illustrates the amount of reserve 
which should stand to the credit of a Single Premium 
policy. Preferred Risk, 20 Payment, assuming the 
Actuaries' Tables of Mortality as a basis, and interest 
computed at 5 per cent, at the ages and years stated : 





Age 25. 


Age 30. 


Age 35. 


Age 40. 


Age 45. 


Age 50. 


Age 55. 


Yr. 
o 


12.26 


$14.20 


$16.57 


$19.46 


$22.62 


$25.58 


$28.54 


3 


25. o; 


29.02 


35.87 


39.84 


46.10 


52.07 


57.99 


4 


38.44 


44.54 


51.98 


61.05 


70.44 


79.49 


88.44 


5 


52.47 


60.77 


70.89 


83.25 


96.75 


107.91 


119.93 


6 


67. 09 


77.71 


90.73 


106.27 


121.92 


137.23 


152.40 


t 


82.41 


95.46 


111.44 


130.22 


149.05 


167.63 


185.85 


8 


98.41 


114.00 


133.14 


155.09 


177.17 


199.02 


220.42 


9 


115.17 


133.45 


155.72 


180.98 


206.30 


231.51 


256.00 


10 


132.70 


153.68 


179.36 


207.83 


236.51 


265.14 


292.72 


11 


151.00 


174.95 


203.89 


235.61 


267.71 


299.86 


330.54 


12 


170.18 


197.16 


229.43 


264.48 


299.77 


335.68 


369.51 


13 


190.22 


220.43 


255.97 


294.38 


333.22 


372.74 


408.72 


14 


211.20 


244.67 


283.52 


325.38 


367.88 


410.93 


451.10 


15 


233.13 


270.05 


312.19 


357.55 


403.78 


450.38 


493.82 


16 


256.13 


296.41 


341.90 


390.82 


440.88 


491.07 


538.56 


17 


280.16 


323.87 


372.75 


425.36 


479.20 


533.06 


585.11 


18 


305.35 


352.42 


404.78 


461.10 


518.89 


576.41 


631.15 


19 


331.60 


382.09 


438.01 


498.16 


559.84 


621.12 


679.18 


20 


359.25 


413.06 


472.53 


536.43 


602.54 


667.49 


728.62 



This table is based upon a policy for $1,000. To ascer- 
tain the reserve for other amounts multiply the figures 
given in the table by the corresponding multiple. 

The reserve for corresponding years, at intervening- 
ages, can be approximately determined from the above 
table. 

From this table, taken in connection with that on the 
opposite page, agents will have little difficulty in approx- 
imating quite closely the amount of reserve, at quinquen- 
nial periods at least, both on Preferred risks at other 
terms of payment, as well as on Ordinary and Under- 
Average risks at different terms of payment. 

Surplus accumulations which are an unknown quan- 
tity are not considered, either in this table or that on the 
opposite page, but same will be added to the reserve. 



44 NATIONAL LIFE ASSOCIATION OF HARTFORD. 



THE NATURAL PREMIUM PLAN 



National Life of Hartford. 

ITS SPECIAL FEATURES. 

It is a Life Policy stripped of the investment fea- 
ture, and so combining equity, economy and safety as 
to furnish life insurance at the minimum cost and yet 
providing the most ample security to the insured. 

The Contract Provides for the current mortality, as 
well as emergencies, and also for the increasing cost inci- 
dent to advancing age. The expense of management is 
limited and all profits inure to the benefit of persistent 
members and materially strengthens the loss paying ability 
of the company. 

Premiums are Payable bi-monthly on or before noon 
of the first business day of February, April, June, August, 
October and December, and the stated premium includes 
the entire cost of the insurance for the period. Members 
desiring may pay their premiums annually in advance, 
in which case a deduction of five per cent, is* made. 

There are no Dues, the bi-monthly premiums include 
the mortuary, reserve, and expense elements. The amount 
which can be used for expenses is limited to the present 
value of three-fifths of one per cent, annually of the face 
value of the insurance. All mortuary funds in excess of 
current mortality are accumulated as a Reserve or Emer- 
gency Fund. 

At the Inception of the Contract a stated amount, 
graded according to age, is charged against the policy and 
is treated as a deferred premium until fully wiped out by 
crediting it with all payments made. If the policy becomes 
a claim before this deferred premium has been fully extin- 
guished by the cash payments made, the unpaid portion 
will be deducted on settlement of claim. 

All Surplus arising from amounts so deducted is cred- 
ited to the Mortuary Fund, to be held for the benefit of 
persistent policy-holders. 

Its Options are paid-up and extended insurance, cash 
surrender values, and surplus earnings applied in reduction 
of cost of insurance as provided in the policy. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



45 



NATURAL PREMIUM RATES, 

$1,000 INSURANCE. 





First Year. 


Second and Subse- 
quent Years. 


Deferred 
Premiums 












which are re- 


Age. 


Computed 
Bi-monthly 

Rate for 
$1,000. 


Computed 
Annual 
Rate for 
$1,000. 


Computed 

Bi-monthly 

Rate for 

$1,000. 


Computed 

Annual 

Rate 

for $1,000. 


duced by 

the amount of 

all payments 

made. 


15-25 
26 


$3.00 
3.05 


$18.00 
18.30 


$2.50 
2.55 


$15.00 
15.30 


$150.00 
153.00 


27 


3.10 


18.60 


2.60 


15.60 


156.00 


28 


3.15 


18.90 


2,65 


15.90 


159.00 


29 


3.20 


19.20 


2.70 


16.20 


162.00 


30 


3.25 


19.50 


2.75 


16.50 


165.00 


31 


3.33 


19.98 


2.83 


16.98 


169.80 


32 


3.40 


20.40 


2.90 


17.40 


174.00 


33 


3.50 


21.00 


3.00 


18.00 


180.00 


34 


3.55 


21.30 


3.05 


18.30 


183.00 


35 


3.63 


21.78 


3.13 


18.78 


187.80 


36 


3.73 


22.38 


3.23 


19.38 


193.80 


37 


3.83 


22.98 


3.33 


19.98 


199.80 


38 


3.93 


23.58 


3.43 


20.58 


205.80 


39 


4.03 


24.18 


3.53 


21.18 


211.80 


40 


4.13 


24.78 


3.63 


21.78 


217.80 


41 


4.25 


25.50 


3.75 


22.50 


225.00 


42 


4.38 


26.28 


3.88 


23.28 


232.80 


43 


4.50 


27.00 


4.00 


24.00 


240.00 


44 


4.63 


27.78 


4.13. 


24.78 


247.80 


45 


4.75 


28.50 


4.25 


25.50 


255.00 


46 


4.90 


29.40 


4.40 


26.40 


264.00 


47 


5.05 


30.30 


4.55 


27.30 


273.00 


48 


5.20 


31.20 


4.70 


28.20 


282.00 


49 


5.35 


32.10 


4.85 


29.10 


291.00 


50 


5.50 


33.00 


5.00 


30.00 


300.00 


51 


5.75 


34.50 


5.25 


31.50 


315.00 


52 


6.00 


36.00 


5.50 


33.00 


330.00 


53 


6.38 


38.28 


5.88 


35.28 


352.80 


54 


6.75 


40.50 


6.25 


37.50 


375.00 


55 


7.25 


43.50 


6.75 


40.50 


405.00 


56 


7.75 


46.50 


7.25 


43.50 


435.00 


57 


8.38 


50.28 


7.88 


47.28 


472.80 


58 


9.00 


54.00 


8.50 


51.00 


510.00 


59 


9.75 


58.50 


9.25 


55.50 


555.00 


60 


10.50 


63.00 


10.00 


60.00 


600.00 



The Company reserves the right to increase the De- 
ferred Premium when accepting" the application (if con- 
sidered necessary,) so as to cover the increased risk 
assumed arising from occupation or other hazard. 



46 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

WHY SHOULD NOT 

LI IF IE IlTSURAlSrOE 
Be Bought and Sold on Business Principles, 

The Same as any Other Commodity? 



To Illustrate. 

If a man purchase a house, the cost of which is $1,000, 
and pays the $1,000 down, the house becomes his property, 
free from incumbrance. But if he only pays $100 down, he 
would be obliged to give the party from whom he pur- 
chased a lien or mortgage for the unpaid portion, and he 
must pay this lien or mortgage from time to time, with 
interest, before he can obtain a clear title to the full amount 
of the property. This is just and right. But suppose a man 
goes to an old-line insurance company (that pretends to be 
Perfectly Mutual) and wants to buy $1,000 life insur- 
ance and pay cash down for the same. Suppose his age to 
be 40, the company would charge him $445.55 as a single 
premium, because, as they claim, that amount is neces- 
sary, in order to enable them to pay the man $1,000 at the 
time they expect his policy to become a claim. 

Now, this man has paid the full price for his insurance, 
just the same as the man who paid the full $1,000 down for 
his house. 

So far one transaction is as fair, just and equitable as the 
other. 

And the old-line companies, by selling the man $1,000 
insurance for $445.55 cash doAvn, have fixed a price on 
the goods. Now, why should not every man at that age 
pay the same price for the same amount of goods ? Every 
business man must admit that this is good, practical 
common sense. But what is the practice ? Let us see. 

Suppose the man says to the insurance company, I can- 
not pay $445.55 cash down for a policy, I must pay in in- 
stallments. Very well, says the insurance company, you 
can pay an annual premium of $31.30 each year as long as 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 47 

you live, and we Avill sell you the $1,000 insurance just the 
same. But, says the man, suppose I die before I have 
paid in the whole of the $445.55, which you say is the cost 
of the $1,000 policy, at my age, how will you get the 
balance due you? Will you take a lien or mortgage on 
my policy for the difference between the cost of my insur- 
ance and what I have paid, the same as you would if I 
bought a house of you? Oh no, the companies say ; if 
you die the first year we will give your family the full 
$1,000, just the same for the annual premium of $31.30 
that we would if you had paid the full cost, or $445.55. 
But, says the man, if it costs $445.55 to buy $1,000 at my 
age, and you sell it to me for $31.30, if I happen to die the 
first year, how can you do business? Oh, says the 
company, our rates are loaded, and we over-charge those 
who live to old age in order to make up the amount which 
you ought to have paid to us, but did not. Oh, I see, says 
the man, you "rob Peter to pay Paul, 7 ' in other words, 
you rob the good risk, or the man who lives to old age, in 
order to give the poor risk, or the one who dies early, 
something he has not paid for. Now, suppose, I insure in 
your company and live as long as I am expected to, I 
would be one of those who would be robbed. I would 
have to pay several times what my insurance actually costs, 
in order that you might give others, who die soon after 
being insured, something they have not paid for. 

That is not equity; it is not just or right. There is no 
reason why life insurance should not be bought and sold 
the same as you would buy or sell a house or piece of land. 
Fix the price for a $1,000 at a given age. the same as you 
would on a house, and then charge every one at that age 
the fixed price. If one man wants to pay the full amount 
at once, he would be entitled to the full amount of his 
policy. But if he wants to pay in installments, take a lien 
or mortgage on the policy for the balance, the same as you 
would on a piece of property. Then each member would 
be fairly dealt with. Insurance would be sold on a busi- 
ness basis — one party would not get w T hat did not honestly 
belong to him at the expense of another — and good sound 
insurance could be sold for less than two-thirds what the 
old companies are now charging. This equitable and 
business-like system has been adopted by the National 
Life of Hartford, and is becoming deservedly popular. 



48 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

A NATURAL PREMIUM COMPANY. 

The National Life qualifies as a natural premium 
company under the laws governing assessment companies, 
and therefore avoids the theoretical liability demanded of 
companies working under the so-called 4 per cent, reserve 
system. 

All premiums received by the National, except the 
amount which is limited in the policy for expenses, be- 
longs to the Reserve or Mortuary Fund of the Company, 
and the same is held and accumulated solely for the benefit 
of the policy-holders and the payment of claims as they 
mature, and every dollar of it is at all times available for 
the purposes for which it is held. 



INCREASED SECURITY. 

The premium rates of the National are based upon the 
Actuaries' Tables of Mortality, together with a conservative 
basis of interest earnings ; and it is the belief of the man- 
agement (confirmed by competent actuaries) that they are 
ample for all contingencies and for all time. But should 
the time ever come in the history of the Company, when, 
owing to epidemic or other unforeseen causes, they should 
be found insufficient to pay all policy claims, then (and not 
till then) an extra call can be made on the membership for 
the difficiency in proportion to their interests. 

As illustrated elsewhere it is this right to increase pre- 
mium calls, if necessary, which makes the strength of the 
Company absolute and which gives a greater measure of 
protection to policy-holders in the National than is given 
by companies not having this safeguard. 



EQUITY. 



On the other hand all surplus arising from lapsed poli- 
cies, interest receipts, or from any source, is divided among 
persisting members to reduce their payments or increase 
their insurance. Failure is impossible, technical insolvency 
is guarded against, and the National is enabled to furnish 
insurance that insures in its fullest sense and at its actual 
cost plus a fair and fixed amount for expenses. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 49 

Good Assets. 

One Equally as Good as the Other. 

The old-line companies report among their assets nearly 
$15,000,000 of premium notes which they have received 
from their policy-holders in part payment of the premiums 
due on their policies, which premium notes are a lien on 
the policies, and in case a policy becomes a claim, the pre- 
mium notes held against that individual policy are used in 
part payment of the claim. Just precisely the same as the 
premium liens of the National Life. The premium notes 
of the old-line companies are considered by every one as 
good, legitimate assets. In fact three of the old-line com- 
panies would be bankrupt under the 4 per cent, reserve 
law and unable to continue business if their premium notes 
were not allowed as an asset. 

Insurance departments, insurance experts, and business 
men everywhere, recognize the premium liens of the 
National as good, legitimate assets, and the single pre- 
mium and premium lien systems, which are worked ex- 
clusively by the National, are regarded as a great ad- 
vance in life insurance. 



The Great and Only Difference. 

The great, and, in fact, the only difference between the 
premium notes of an old-line company and the premium 
liens of the National Life, is that in the former the 
amount against the policy is continually increasing, by 
reason of additional notes and interest on same, while the 
premium liens of the National are constantly decreasing, 
by reason of the annual premiums. Both are equally good 
assets, yet under the National's system the insurance is 
constantly increasing instead of decreasing, as in the case 
of the premium note system of the old-line companies. 



The Way Some Companies Do It. 

Many of the old-line companies are now issuing what are 
called Term Renewable Policies. Some of them increase 
the rate each year as the policy-holder grows older. Oth- 
ers reserve the right to increase the rate every ten years. 
They say they do not expect to be obliged to increase the 
rate, but in order to be sure and always be able to get 
money enough from the policy-holders to carry out their 
contracts, they reserve the right to do so, and that is what 
makes them safe. Besides, under this form of policy, they 
are not obliged to pile up a big reserve which they cannot 
use. 

Just the same reason that the National's contract con- 
tains the Additional Reserve Clause. See? 



50 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

Pure Assessment Insurance. 

A Conundrum. 

Apply the simplest rules of arithmetic to pure co-opera- 
tive insurance, and where is it ? 

By way of illustration, take 1,000 men at an average age 
of 36 years, at which age the average expectation of life is 
28 years. 

The assumption usually put forth by the companies and 
their agents is, that the death rate will never exceed ten 
per year, in 1,000, and as the average assessment is only 
$1.00, the insurance will only cost $10.00 per year on 
$1,000 at the most. 

Now as there is no accumulation of funds that can be 
kept at interest and compounded for the benefit of the com- 
pany in after years, and as the amount of $10.00 per year 
for 28 years (the average expectation of life), will only 
amount to $280, and as each man is to receive $1,000 at his 
death, there seems to be a little deficiency of $720 on each 
death loss, and our conundrum is, Where is this deficiency 
to come from f 

In other words, how long can a company go on receiving 
$280 and paying out $1,000 without any income from inter- 
est or other sources? Where will it come from? Don't say 
that new members are coming in all the Avhile? This is an 
average case. New members start on the same conditions. 
They have the same load to carry. You cant sadddle them 
with yours. 

New members while they come may obscure the result a 
little and put off the evil day, but they cannot change the 
law of average. They cannot make the old ones live any 
longer. They cannot make ten times twenty-eight more 
than 280. 

The facts remain. Every man must die, and the average 
man must pay assessments enough to equal the average 
death losses. Every man must admit that this is a good 
strong common-sense, and by using your multiplication 
table you will readily see that at ten deaths per year it will 
take your 1,000 men 100 years to die off. 

Either seven-tenths of all who join a pure co-operative 
company must lapse their policies, and step down and out 
of the company without receiving one cent in return for 
what they have paid, or the assessments must increase 
until they are so heavy that new members will not join, 
and the old ones find the burden too heavy to carry, and 
the company must collapse, leaving those who. by reason 
of age and impaired health, are unable to obtain insurance 
elsewhere, to mourn their fate. 

Weigh the matter well, and see whether you wish to put 
yourself in this position. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 51 

The Four Per Cent. Reserve. 

What Is It? 

The laws governing old-line, or level premium com- 
panies, require them to continually have on hand the net 
value of all policies in force, which is an amount of money, 
that if kept at 4 per cent, compound interest, will amount 
to the face of all their insurance at the time specified in the 
policies for their maturity. This amount must be collected 
and accumulated in addition to the amount used for pay- 
ing- the current death claims and expenses, and any com- 
pany failing to have the full amount of this 4 per cent, 
reserve on hand at any time is technically bankrupt under 
this law, and must stop business. 

It then becomes the duty of the Insurance Department 
to interfere and close up the company through a receiver. 

No matter if the company have millions of gdod assets; 
no matter if they can pay every loss promptly as it occurs; 
no matter if thousands of policy-holders will be robbed of 
their insurance ; this inexorable law, theoretical, but not 
practical, makes the security offered by every old -line com- 
pany weak, precarious and doubtful to a degree that would 
not be tolerated by business men in commercial transac- 
tions. This reserve should not be confounded with surplus. 
It is not surplus, and can be used for no purpose whatever, 
while the original policy is in force, except for accumulation. 

136 Old-Line Companies Failed Between 1850 aud 1888. 

A record of 88 of them shows that they had accumulated 
assets at the time of failure amounting to over $100,000,000, 
of which only 14 per cent, has ever found its way back to 
the policy-holders to Avhom it legitimately belongs. The 
balance has been squandered and used up by the receivers 
and lawyers in large salaries and scandalous expenses. 

The above statement of facts effectually does away with. 
the argument so often advanced, that the old-line com- 
panies are perfectly safe, and that their 4 per cent, re- 
serve would always enable them to wind up their business 
at any time and pay any one the value of his policy. 

The utter falsity of this statement — the impracticability, 
and. we might also say, the impossibility, of the policy- 
holders receiving just or fair treatment under the 4 per 
cent, reserve law, is shown by a reference to a single 
instance on the next page. 



52 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



INSECURITY OF THE 4 PER CENT, RESERVE SYSTEM, 



Illustrated by the Legal Wrecking of the Charter Oak Life Insurance 
Company by the Insurance Department of Connecticut, 



Statement of the Charter Oak Life Insurance Company of Hartford, 

CONN., AS PER THE INSURANCE COMMISSIONER'S REPORT OF 1877. 

Amount of Net Assets, Dec. 31, 1875, . . $13,357,548.63 
Less Premium Notes marked off during the 

year, on cancelled Policies, . . . 921,502.50 

Extended at $12,133,016.13 

1876. 

Premium Income, $2,530,924.45 

Interest and Rent Income, .... 723,660.63 3,254,585.08 

Disbursements : $15,687,631.21 

Losses and Additions, $700,281.81 

Endowments, 186,370.40 

Total actually Paid for Losses and Endow- 
ments, $886,655.21 

Paid for Surrendered Policies, . . . 1,251,866.18 

" Dividends to Policy-holders, . . . 29.211.25 

Notes, . 48,160.00 

" Expenses, 684.723.09 

Total Disbursements, 2,900,615.73 

Balance, December 31, 1876, . . . $12,787,015.48 
Total Ket or Ledger Assets, less deprecia- 
tion, $12,768,360.48 

Other Assets, $547,121.38 

Total Assets, $13,315,481.86 

Assets : 

Less Items not admitted, $13,315,481.86 

Agents' balances, $11,692.82 

Bills received, 69,351.26 81,044.08 

Total Assets, $13,234,437.78 

Liabilities: 

Reserve, 4 per cent., $13,164,294.00 

Death Losses and Endowments, . . 233,119.00 

Advanced Premiums, 30.531.77 13,429.977.79 

Impairment, $193,540.01 

Insurance in force, • 67,308,735.00 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 53 

From the foregoing report it will be seen that the Charter Oak had 
, admitted assets of $13,234,437.78, Dec. 31, 1876. 

That their income for that year was over $3,250,000. 

That their disbursements for death losses and endowments for the year 
were only $886,655. 

That their total disbursements including dividends to policy-holders and 
expenses were $314,000 less than their income, and yet this old company, 
with nearly $70,000,000 of insurance in force, with over 30,000 members, with 
an income of more than three times their maturing obligation, abundantly 
able to pay every obligation as it matured, must be wrecked, and offered up 
a sacrifice to the Gods of the 4 per cent. Reserve Theory, because they 
had by the bad management of the officers used up their surplus and en- 
croached upon that Sacred ReserA e to the extent of nearly $200,000. 

What folly, what imbecility, to enact and keep in force a law that will 
enable or compel the wrecking of a company under such circumstances. 

To be sure this company was afterwards handed over to the policy-holders 
for re-organization, but not until the mischief had been done. Not until 
public confidence had been destroyed, not until the department had made it 
impossible to obtain new business, not until the income, of the company had 
been reduced one-half. 

And in 1886 two receivers were appointed, who, together with their attor- 
neys, are still receiving, and yet they would have us believe that this old- 
line insurance, with a 4 per cent, reserve, of which the Charter Oak was for 
twenty-five years one of the best exponents, is the only pure, legitimate and 
safe insurance for the people to buy. 

What absolute security for policy-holders they do offer. Do you want to 
buy that kind? 

The National Life, by placing in their policy a broad Additional 
Reserve clause, to be used if necessary, and by qualifying as an Assessment 
Company, does not come within this iniquitous and unsafe 4 per cent, 
reserve law, but is enabled thereby to keep the entire amount of their 
assets available to meet their obligations as they mature, and at the same 
time throw around the policy-holders and additional safe-guard, such as no old- 
line company can offer. For while the National cannot make an assessment 
until all accumulations have been expended in paying claims, they can then 
do so, and continue to pay claims in full, while, as has been clearly shown, the 
old-line companies can only use their surplus, and if they encroach upon their 
millions of reserve, they must stop and have their affairs wound up by a 
receiver. 

Had the Charter Oak had the National's form of policy, they would to-day 
have been a good company, paying all claims in full, to the satisfaction of their 
policy-holders. 



51 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

The Deferred Premiums or Liens; 

Their Value as a Legitimate Asset. 



The advantages of the deferred premium system of life 
insurance as operated exclusively by the National Life 
of Hartford are universally conceded. 

Briefly they may be summarized as follows : 
First, strengthening the Company and making future 
failure impossible. 

Second, equalizing the cost of the insurance to the policy- 
holder. 

But a few words as to the value of the deferred premium 
as an asset of the Company may not be amiss in answering 
criticisms made by persons representing rival companies. 

The full amount of the deferred premium must be paid 
either before or when the policy becomes a claim. On the 
death of the policy-holder, before he has fully paid off his 
deferred premium, the balance due is used as so much cash 
in the settlement of his claim. As the deferred premium 
is extinguished from time to time by the credit of net cash 
payments, it simply changes the nature of the asset from 
an obligation to pay, (secured by the policy,) into cash. 

That the deferred premium is an obligation to pay so 
much money, contingent only on the policy being kept in 
force, is not disputed. That it is to be paid in installments, 
does not make it less valuable as an asset. 

The Company may hold a mortgage of $ 1,000 running- 
ten years but payable $100 each year. Does this fact miti- 
gate its value as an asset ? If not, Avhy should the deferred 
premium of $1,000 be less valuable because it is to be paid 
in annual installments of $100 or any other amount ? 

It is true that the policy may lapse, in which event the 
balance of the deferred premium standing against such 
policy disappears and ceases to be an asset, but the liability 
under that policy ceases at the same time. Equally true is 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 55 

it that a bank in which the company holds stock may fail, 
and in that event the asset also disappears, loithout a cor- 
responding decrease in liability. 

From the standpoint of security the more policies there 
are that lapse the better for the few that remain, as the 
entire cash assets will remain from which to pay all remain- 
ing claims. 

Prominent old line companies have for years been in the 
habit of taking premium notes and report in notes, loans 
and liens on their policies about nineteen million dollars, 
about the validity of which as assets there is no question 
raised by anyone. Every department in the country admits 
them. Such premium notes are contingent upon the policy 
being kept in force and are payable only at the death of 
the insured, and payable then by being deducted from the 
claim. In fact, they are less valuable than the deferred 
premiums of the National Life, for the reason that the 
latter are being paid off and turned into cash each year, 
while the old line premium note does not mature until 
death, and in case of the lapse of the policy the Company 
has only received the interest on the note. 

Strike out their premium notes, loans and liens and sev- 
eral prominent old line companies would have to cease 
doing business, as their liabilities would exceed their assets. 
Under the system of the National Life its cash assets, 
strictly speaking, are its actual surplus in hand, while its 
deferred premiums are its reserve. The cash surplus 
together with current receipts, (which include partial pay- 
ments of the liens,) are ample for present and future con- 
tingencies, and are the fund from which current losses are 
paid. Where could its reserve be more safely invested than 
in loans and liens on its own policies ? 



56 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



The following table exhibits the proper average relation 
of Height, Weight, and Chest Measurement. 







Medium 


20 per cent. 20 per cent. 


Height. 


Weight 




above 


below 






Chest. 


ave. weight, ave. weight. 




Should W 


zigJi 






5 feet 1 inch. 


120 lb 


s. 34.06 inch. 


144 lbs. 


5 " 2 


125 ' 


35.13 " 


150 ' 


100 " 


5 " 3 " 


130 ' 


35.70 " 


156 ' 


104 " 


5 " 4 


135 ' 


36.26 " 


162 ' 


108 " 


5 " 5 


140 ' 


36.83 " 


168 ' 


112 " 


5 " 6 -V 


143 « 


37.50 " 


172 ' 


114 " 


5 " 7 


145 « 


38.16 " 


174 ' 


116 " 


5 " 8 " 


148 ' 


38.53 " 


178 ' 


118 " 


5 " 9 


155 « 


39.10 " 


186 ' 


124 " 


5 "10 


160 ' 


39.66 " 


192 « 


128 " 


5 "11 


165 « 


40.23 " 


198 « 


132 " 


6 " 


170 ' 


40.80 " 


204 ' 


136 " 



Still man's Life Insurance Examiner. 



The Sum of Money that must be Invested, annually, at 
Compound Interest, to amount to $1,000 in a definite 
number of vears. 



'S'+a 














o 

+3 


rt © 


At 4 


At 4^ 


At 5 


At 6 


At 7 


At 8 


00 


■+a P" 














S 


« 2 


Per ct. 


Per ct. 


Per ct. 


Per ct. 


Per ct. 


Per ct. 


2 

B 
< 


YRS. 
















10 


$80.09 


$77.88 


$75.72 


$71.57 


$67.64 


$63.92 


$1,000 


15 


48.02 


46.04 


44.14 


40.53 


37.19 


34.10 


1,000 


20 


32.29 


30.50 


28.80 


25.65 


22.80 


20.23 


1,000 


25 


23.09 


21.47 


19.96 


17.20 


14.78 


12.67 


1,000 


30 


17.14 


15.69 


14.34 


11.93 


9.89 


8.17 


1,000 


35 


13.06 


11.74 


10.55 


8.47 


6.76 


5.37 


1,000 



Explanation.— How much must I invest every year, at 6 per cent, 
compound interest, so that the proceeds will amount to $1,000 in 20 years? 
Look under the heading " 6 per cent. " at the right of 20 years, and you will 
find 25.65 the answer, etc., etc. 

Tabors' Three Systems. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 



57 



TABLE 

Showing the Elements of which a Level Annual Life Preminm for $1,000 
of Insurance is composed, hased on the Actuaries Table of Mortality, 
and 4 per cent, Interest, {.Tabor's Three Systems.) 



AGE. 


Reserve 
Element. 


Mortality 
Element. 


Expense 
Element. 


Gross Level 
Premium. 


25 


$7.31 


$7.41 


$4.91 


$19.63 


26 


7.61 


7.52 


5.04 


20.17 


27 


7.92 


7.64 


5.18 


20.74 


28 


8.25 


7.76 


5.33 


21.34 


29 


8.59 


7.89 


5.49 


21.97 


30 


8.95 


8.02 


5.66 


22.63 


31 


9.34 


8.15 


5.83 


23.32 


32 


9.72 


8.32 


6.01 


24.05 


33 


10.13 


8.49 


6.20 ' 


24.82 


34 


10.50 


8.73 


6.40 


25.63 


35 


11.04 


8.83 


6.62 


26.49 


36 


11.53 


9.01 


6.85 


27.39 


37 


12.07 


9.19 


7.09 


28.35 


38 


12.62 


9.40 


7.34 


29.36 


39 


13.22 


9.60 


7.61 


30.43 


40 


13.86 


9.82 


7.89 


31.57 


41 


14.54 


10.05 


8.19 


32.78 


42 


15.25 


10.30 


8.52 


34.07 


43 


15.95 


10.64 


8.86 


35.45 


44 


16.63 


11.05 


9.23 


36.91 


45 


17.31 


11.54 


9.61 


38.46 


46 


17.97 


12.11 


10.03 


40.11 


47 


18.64 


12.75 


10.46 


41.85 


48 


19.33 


13.44 


10.92 


43.69 


49 


20.06 


14.17 


11.41 


45.64 


50 


20.78 


15.00 


11.92 


47.70 


51 


21.53 


15.89 


12.47 


49.89 


52 


22.29 


16.86 


13.06 


52.21 


53 


23.08 


17.92 


13.66 


54.66 


54 


23.90 


19.05 


14.32 


57.27 


55 


24.73 


20.30 


15.01 


60.04 


56 


25.59 


21.64 


15.75 


62.98 


57 


26.50 


23.07 


16.53 


66.10 


58 


27.42 


24.65 


17.35 


69.42 


59 


28.37 


26.35 


18.25 


72.97 


60 


29.27 


28.29 


19.19 


76.75 


61 


30.20 


30.37 


20.19 


80.76 


62 


31.11 


32.67 


21.26 


85.04 


63 


32.03 


35.17 


22.40 


89.60 


64 


32.93 


37.91 


23.61 


94.45 


65 


33.84 


40.88 


24.90 


99.62 


m 


34.70 


44.15 


26.28 


105.13. 


67 


35.58 


47.68 


27.74 


110.98 


68 


36.45 


51.46 


29.31 


117.22 


69 


37.36 


55.53 


30.97 


123.86 


70 


38.25 


59.95 


32.74 


130.94 



58 NATIONAL LIFE ASSOCIATION OF HARTFORD. 

INSTRUCTIONS TO AGENTS. 



1. Study the policy you are selling so as to become 
familiar with all its provisions that you may correctly rep- 
resent it to the applicant. 

2. Question the applicant closely regarding family his- 
tory, past and present health, exact occupation and 
habits, and take into account the surroundings, as bear- 
ing* upon health and longevity. 

3. Before naming the rate to the applicant, in all 
cases give the Company the benefit of the doubt. Don't 
be afraid to name the highest rate that you think the 
party ought to pay, or that you think the Company will 
demand. Careful discrimination in your classification 
when writing the application will save you much trouble 
in delivering the policy. 

4. Agents will represent the rates, plans and policies 
of this Company strictly in accordance with this manual 
and the written instructions of the proper officers of the 
Company. 

5. Agents will in all cases carefully examine each appli- 
cation before forwarding the same to the Company, and 
see that each question has been fully and clearly answered, 
both by the applicant and the doctor. Careful attention 
to this rule will greatly facilitate the acceptance of applica- 
tions as policies will not be issued upon applications but 
partially filled out. 

6. In no case should the policy be allowed to go out of 
the hands of the agent until same is accepted by the appli- 
cant and the premium paid, and agents will be held respon- 
sible for all policies and receipts placed in their hands. 

7. Agents are not authorized to collect any premium 
(after the first) unless they have been furnished with the 
Company receipt signed by the Secretary. 

8. Agents will in no case make alteration or change in 
any receipt or notice of premium, even to change a single 
letter or figure, but will return same to the Company for 
change or correction. 

9. In all cases the blue receipt accepting the policy must 
be signed by the insured at the time of delivery of the 
policy and returned to the Company. If the health of the 
applicant has become impaired since his examination, the 
agent must not receive the premium nor deliver the policy, 
but must immediately return the policy to the Company. 

10. The Agent has no authority to accept a premium 
after same is due (first premium excepted) and give the party 
Company receipt therefor. In all such cases the premium 
must be reported to the Company and the health certificate 
and contract for reinstatement forwarded for approval. If 
approved Reinstatement Receipt will be forwarded. 



NATIONAL LIFE ASSOCIATION OF HARTFORD. 59 

11. Beneficiaries must have an insurable interest in the 
insured. Changes in beneficiary can only be made on the 
written request of the insured, and to persons having a 
legal insurable interest, and in all cases of change of bene- 
ficiary the policy must be returned to be re-written, togeth- 
er with the office fee of fifty cents. 

12. The Company assumes no responsibility for the 
acts, statements or representations of solicitors or brokers, 
and recognizes the acts of authorized agents only when 
strictly within the expressed terms of their written contracts. 

13. All policies must be reported upon within thirty days 
from issue. If there is still reasonable prospect of delivery, 
report the facts and request an additional thirty days. 
Policies returned for cancellation must be returned in con- 
nection with regular reports and noted on the back of the 
report. In all cases return both policy and receipt. 

14. Use report sheets for reporting in all cases, even if 
reporting but one policy. Be careful to fill in the u date 
due " and carry out the commission opposite each policy 
reported on as indicated on the report sheet. 

15. When desiring policies changed from annual to 
quarterly or semi-annual payment, or vice versa, (either be- 
fore the policy has been accepted or later in its history) it is 
not necessary to return the policy to be re-written. Simply 
return the receipt for exchange for the one desired. If the 
policy be in force the request for change of manner of pay- 
ment must be signed by the insured. The tables fix the 
equivalent annual, semi-annual or quarterly premium. 

16. Assignments of policies should be executed in dupli- 
cate by the insured, one copy being filed with the policy 
and the other forwarded to the Company. 

17. Policies on the Natural Premium plan cannot be 
written on quarterly payments. They may be for 2, 4 or 
6 bi-monthly periods. Premiums on Natural Premium 
policies all fall due at 12 o'clock noon on the first business 
day of February, April, June, August, October and Decem- 
ber. Policies written between February 15th and March 
15th will be charged a rate and one-half to carry to June 
1st ; if written between March 15th and April 15th one rate 
will be charged to June 1st, and so on through the year. 

18. Agents are not allowed to print or circulate any cir- 
cular or document relating to the Company or its business 
unless same has first been submitted to and approved by 
the proper officer of the Company. 

19. Whenever in doubt upon any point seek informa- 
tion from the home office. First know you are right, then 
go ahead. 

20. These instructions are subject to future modifica- 
tion and change. 



60 NATIONAL LIFE ASSOCIATION OF HARTFORD. 



INDEX. 

PAGE. 

Agents, Instructions to 58 

Assets, Explanation of 4! ) 

Beneficiaries, who may be r>!> 

Business Principles Applied to Life Insurance, 4(5 

Compound Interest Table, 41 

Conundrum, Pure Assessment Insurance, A 50 

Charter Oak Company, 52 

Dividends, 4 

Four Per Cent. Reserve, What is it ? 51 

Introduction, 3 

Instructions to Agents, 58 

Liens or Deferred Premiums, Their Value as an Asset 54 

Lien, Illustration of 22 

Natural Premium Company, A 48 

Natural Premium Plan, Explanation of 44 

Natural Premium Policy, Options under 44 

New Departure, Explanation of 6 

Officers and Directors, 2 

Premiums, Preferred Risks, 9 

" Ordinary Risks, 12 

" Lender Average Risks, 15 

" Non-Participating Policy, 18 

" Gross Single, 21 

" Natural Premium Plan, 45 

Policy, Benefits Under Single Premium Plan, 7 

" " " Natural Premium Plan, 44 

Reserve, Illustration of 43 

1 ' Net Single Premium 42 

Risks, Classification of 8 

Single Premium System, What is it? 5 

" " " Benefits under 7 

Table, Single Premium Plan, ' ' Preferred " 9 

"Ordinary" 12 

" " " " "Under Average" 15 

" " " " "Non-Participating" 18 

" Natural Premium Rates, 45 

* ' Elements of Level Premium, 57 

" Compound Interest and Discount, 41 

" Height and Weight, 56 

" Net Single Premium Reserves, 42 

' ' Reserve Illustration, 43 

" Minimum Insurance, 10 Payment, 23 

15 Payment, 26 

20 Payment, 32 

25 Payment, 38 

30 Payment, 38 



